I haven’t understood the “bad news is good” reaction by stocks for the past few months... the Fed isn’t coming to the rescue until the economy has broken... and that can’t (at least historically hasn’t) been good for stocks. The bond market is pricing in a recession, and between the stock and bond markets the bond market is usually smarter.
Looking good, everything going just as it should.
Everyone said there would be no free lunch, now they are upset as the bill for lunch shows up.
I think we are in for an old fashioned soul crushing recession.
Barron’s has a positive take: encouraging inflation data (in)action by the Bank of Japan. CNBC talking heads this morning were saying chancing of a soft landing are increasing.
Hi.
Welcome to FR.
Stagflation my man. Jimmah Carter 2.0
I hope I’m wrong.
5.56mm
Economics are not my strong suit, but I understand that ESG investment is intended to destroy the US energy industry and with that, the whole US market. What I don’t understand is how they can convince investors to take actions that are counter to their own interests.
If people would just read, Peter Schweizer’s book, Red Handed, just the segment about Larry Fink, and Black Rock should be enough to do it.
YoY
And just wait until we lose global reserve currency position . . . .
Trump is going to have a lot of work to do after he is re-elected.
Lol