‘I Fully Support Jerome Powell’: At G-20, Steve Mnuchin Swears Trump Respects Fed Independence
Steve Mnuchin is in a tough spot.
Steve Mnuchin is in a tough spot.
Thiiiiis close to a “buy” signal.
One bank has a message for you…
2 is company but is 3 (%) a crowd?
But still, read it.
Maybe come down off that bridge?
Welcome to Friday.
Or at least that’s what it feels like.
“If the selloff feels like news”…
Ok, well if what you were looking for was an AHE beat on top of a headline payrolls beat from Friday’s jobs report, you got it…
There’s your retail interest.
Well, if “this is it” (so to speak) when it comes to the beginning of a market correction, it would be typical of how these things tend to play out.Â
If, on the other hand, you’re just buying on the assumption that there will be a greater fool willing to buy even higher, well then carry on because that seems to be a “fool”proof strategy – pun fully intended.
So what do you do if you’re an analyst or a fund manager in this scenario?
Because it’s not like Icarus fell into the ocean and drowned in the myth…Â Â
“We would not be surprised if we reach [the year-end] target during 1H2018 and it marks the high for the year.”
Obviously, nothing could go wrong here.
“Yet, we would argue that the mere fact that investors fail to spot trouble in a single sector should not be grounds for comfort: the reason why no single sector stands out may be that all the sectors are mispriced.”
The air up here is thin.
“The only thing to fear is fear itself.”
But we would caution that you have now run out ahead of your fairy godmother…
Platitudes.
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