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Assuming You’re Inexplicably Inclined To Waste Time Picking Stocks, Here Are Some Ideas From Goldman
Now, we have seen a total reversal with people having a hard time even imagining how the market could decline. We must admit the speed and relentlessness of the move is a bit troubling.
That's from a Morgan Stanley note out last Monday and it underscores the extent to which the psychology around equities has morphed into an all out FOMO-fest of fanatical fuckery.
Things were briefly - and I do mean briefly - derailed on Wednesday when news that China is considering "halting" purchases
Better to be a stock picker than a nose picker
> citing potential for lower-income consumers to use the additional cash from reduced income taxes to pay down debt.
Honey, we are going to use that $75 to pay of the mortgage!! Did these idiots read the law?
Even ignoring the fact that Wells Fargo (like everything else) is overvalued, I wouldn’t buy that POS corrupt bank with your money.