Risk-On, Economic Understanding Off – Ep 870
· Short covering fuels tech rally. · Good news on the economy is bad news for the market. · Fewer people have full-time jobs today
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· Short covering fuels tech rally. · Good news on the economy is bad news for the market. · Fewer people have full-time jobs today
Podcast: Download
Surprise earnings send Nasdaq on a roller coaster. Companies are paying the price for not raising their prices. Bitcoin trading above $40k, perhaps for the
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Woke mob is preventing justice and cramping freedom of speech. We should be mourning the death of justice, not the conviction of Derek Chauvin. Jurors
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George Floyd’s autopsy results show he died of hypertension, heart disease, and drug overdose that complicated police subdual, restraint, and compression. Video of Derek Chauvin
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This inflation isn’t transitory. Higher prices are here to stay. Coinbase IPO triggers a buy the rumor sell the fact crypto avalanche. Jerome Powell has
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Stock market down on anniversary of 2020 crash. Biden readies $4 Trillion more in stimulus before the ink dries on the last round of checks.
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Stock markets end February hemorrhaging. March may start with a black Monday blood bath. Meme stocks mania add to the market craziness. Cancel culture insanity
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Last jobs report before election overshadowed by COVID-positive Trump. Possibility of a President Pence becomes more probable. Deregulation and lower taxes would stimulate the economy.
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Stock market finishes the worst September since 2011. Silver down on the month, but outperforms stock market on the quarter. Stephen Roach speculates 35% collapse
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Dollar rallies in the face of stock market fall. Bubble stocks more bubblicious. Monetary stimulus only stimulates inflation. Daymond John wants the government to print
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