‘We Are In A Dive, I Repeat’…
“You know what? It’s fine.”
“You know what? It’s fine.”
As you stare at screens that are mostly red on Friday morning in the wake
“…people think that even Chuck Norris can’t make money buying vol.”
But not like Beldar.
“The appreciation of the euro to date could be seen in part as reflecting changes in relative fundamentals in the euro area vis-a-vis the rest of the world†but “concerns were expressed about the risk of the exchange rate overshooting in the future.”
Tick, tock.
Although several participants were prepared to announce a starting date for the program at the current meeting, most preferred to defer that decision until an upcoming meeting while accumulating additional information on the economic outlook and developments potentially affecting financial markets.”
Kind of makes you think…
“But recall that candidate Trump dismissed official reports of strong economic numbers when they came under Obama by saying the Federal Reserve was creating a “false economy†and the stock market was rising due to an “artificial†bubble.”
And now back to your regularly scheduled rally.
“And you will know my name is the Lord when I lay my vengeance upon thee!”
Remember, you can always burn your stock certificates to keep warm in a nuclear winter.
Ok, so “what hath Trump and Kim wrought” for markets 24 hours on?
Ok, so now that Donald Trump has promised to unleash “fire and fury the likes of which the world has never seen” on North Korea, and now that Pyongyang has responded by threatening to bomb Guam, you might be asking yourself the following question: “what would this mean for stocks?”Â
“This is a pathetic, counterproductive exercise that underscores the sorry state of the GOP.”
“Surely that should still be a concern?”
Ok, well good news: we’ll get a break from potentially market-moving scheduled events this week.
“I can accomplish amazing things with that untiring, never flagging, hundred-fold leverage. I can also kill myself.”
That’s a wrap.
U.S. July Nonfarm Payrolls Rose 209k; Unemp. Rate at 4.3%
Avg. hourly earnings 0.3% m/m, est. 0.3%, prior 0.2%; Y/y 2.5%, prior 2.5% est. 2.4%
Just another day in Wonderland…
The dog days are here…
Ok, well this was an interesting week…
“After many years of consistently high return correlation, the Financials and Information Technology sectors have posted significantly divergent performances twice during the past nine months.”
“This Fed transparency has become more of a liability than an asset. Instead of providing policy clarity, it creates confusion as various factions of the Federal Reserve board debate their positions in a public forum.’
“I’d settle for here’s what were going to do because it’s the right thing to do. And we’ll deal with what comes if necessary, that’s how we roll.”
“We recommend that investors lock in some gains in the stock market, re-balance to under-owned sectors and hold above-average cash.”
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