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MURA
Is the tariff range trade back in US equities?
When SPX 6000 came and went without a concerted effo
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. “I think the tariffs have been very well-received,” he told NBC on Thursday. “The stock market hit a new high today.”
And the United States continues to hit new lows in the eyes of the rest of the world.
Just now, I watched the indexes deflate after the bell only to rally back on on Dear Leader’s calling out of Powell again and the markets’ salivating for a big juicy pump of monetary stimulus to inspire a last spasm of animal spirits… These antics remind traders that the topics and phenomena in the macro realm take much longer to play out than a 5 minute candle… The piper will be paid, but the piper’s song plays out on the weekly chart.
More and more Zimbabwe like…
so any millionaires!!
I liken the current state of the stock market to poking a porcupine with a stick. Keep poking at it long enough and it’ll bristle up on ya.
He just can’t cope with the complexity of the problem he has created. Everything’s going to be “blanket” from now on. It’s all he can understand. I thought he wasn’t going to use the market as a benchmark any more. Now he likes it.
+1.
H-Man, not sure what it will take for this market to wake up and realize that Darth Vader is running the show.