Posted on 05/05/2022 2:53:23 PM PDT by Browns Ultra Fan
It has been a miserable day for markets as The Federal Reserve struggles to get inflation under control.
The Dow fell over 1,000 points today and NASDAQ was down a cool 5%.
Is the Hinderburg Omen back in fashion? Better yet, the Powell-Yellenburg Omen?
While equity markets have gotten clobbered by Powell and the Gang, commodities at least rallied in the afternoon.
(Excerpt) Read more at confoundedinterest.net ...
Yeah, I was up 2 1/2% yesterday and down 1 1/2% today.
That’s what the market does.
Money may move around, but it has to sit somewhere.
(R17’s 2nd rule of economics)
I should have shorted more yesterday . . .
Dec 22 corn 7.2850
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