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Cutting The Tails, Watching The Screens
It's too stupid, I can't take it. Or at least not without laughing at something that shouldn't be, a
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Somewhere out there, Al Gore let out a wry chuckle.
Could anybody put the last two paragraphs into Laymans terms for someone still learning the technical jargon?
Yes. If you can’t comprehend on one reading, just buy SPY and stop looking.
Charlie: it could go up, it could go down. Likely one or the other.
Bessent continues to be the adult in the room, although I think it was John Oliver who also described him as looking like the Who-Ville’s leading tax accountant.
But, as mentioned in HR previously, Bloomberg just shared a chart showing the avg daily SPX change on days Bessent leads the headline count as modestly positive, while that on days dominated by “NutVarro and Nutnick” are decidedly negative. So any re-emergence of Lutnickto the forefront is probably little reason to celebrate unless you are determined to stablecoin your early death (i.e., retirement).