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June 23, 2024
We need to understand the difference. While you may not like it, you need to start accepting it. First, he get that we cant have ultralow rates forever, even if theyre good for the stock market for the duration. Eventually too much money chases too few goods and we get inflation. Inflation is pernicious. There are reasons weve never had ultralow rates forever. It has to do with the inevitable debasement of our money and dramatic decline in our purchasing power. The fed has two mandates, promote ...
June 23, 2024
Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irration...
June 23, 2024
Did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irrational north korean government and thermonuclear weaponry is reassuring as it gets. The stock market in korea seemed to take the whole thing in stride dropping about a percent on the news or at least the tremors ...
June 23, 2024
There was a lot of fear today of concrete positives that might be happening under your nose. And thats still true even when everybody is picking out about Thermo Nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a har...
June 23, 2024
To go lower. You cant let the fears and there was a lot of fear today of concrete positives that might be happening under your nose. And thats still true even when everybody is picking out about Thermo Nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the peop...
June 23, 2024
We live and die with oil. You figure out where oil is going and you figure out where the market is going. One look at this market, tells us we collapsed because oil collapsed first. Okay. Here we go. This takes us down. And the s p 500 bounced because we hit a technical level right here. Above the average line. But these are one and the same. This is a few seconds earlier. Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this fo...
June 23, 2024
Thermo nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and...
June 23, 2024
You figure out where oil is going and you figure out where the market is going. One look at this market, tells us we collapsed because oil collapsed first. Okay. Here we go. This takes us down. And the s p 500 bounced because we hit a technical level right here. Above the average line. But these are one and the same. This is a few seconds earlier. Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this for me. Set your alarm to 3 ...
June 23, 2024
Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irration...
June 23, 2024
Thermo nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and...