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Powell Unlikely To Chance R-Star Shocker
I doubt there was much to distill from Thursday's price action in US markets other than that Nvidia alone can't shoulder all of the burden, all of the time.
Aside from what one imagines were meaningful intraday flow dynamics (e.g., vol control selling), equities probably succumbed to something akin to a "sell the fact" trade, as I suggested they might following another astounding beat and raise from Nvidia.
I don't know if it's all in the price, so to speak, but a lot of it is. You can take "i
The disruptive potential of China must to be on his mind in a very real way currently.
Steady as she goes is an excellent plan.
Thx, Walt, for your always informative perspective. It’s a genuine value. Perspective is a real help when the market gets bumpy.
Not a fun ride for my investments during August. Just want to ride out the uncertainty while rates are in suspense. It will be a help in the coming months if Powell can keep the Fed on an even keel.