It’s Bad!!!! ….. Oh ….. No ….. Wait …. It’s Good!!!
The market’s first move in response to the Fed Decision was down, but it’s second move was up – big (Intraday Chart).
The market’s first move in response to the Fed Decision was down, but it’s second move was up – big (Intraday Chart).
There is a very interesting dynamic playing out in the economy right now that is almost certain to result in significant inflation. That dynamic consists in the reality of inflation as described by corporate executives, some examples of which you can read above, combined with the Fed’s refusal to admit that it’s anything more than “transitory”.
The Roaring Kitty, the man behind the GameStop (GME) frenzy of 2021 returned out of the blue Sunday night tweeting the above meme at 5:00pm PST suggesting that the markets were once again engaging his attention. That has set off…
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
In yesterday’s (Wed, 2/25) WSJ, Wharton Professor Jeremy Siegel wrote an Op-Ed arguing that the way S&P calculates earnings is wrong and therefore stocks are much cheaper than most believe: “The S&P Gets Its Earnings Wrong” (subscription required – e-mail…
The S&P closed Thursday only a few points shy of a new All Time High. With Futures currently in positive territory, it appears the market will make another run at it Friday. While everyone loves a bull market, there are…