Biden is on the tv now talking about the economy “roaring back.”
Not sure the stock market agrees with him today.
Which is why it’s wise to heed the saying ‘The stock market is not the economy’Biden is on the tv now talking about the economy “roaring back.”
Not sure the stock market agrees with him today.
The only thing "roaring back" is higher prices, inflation, lower wages, less manufacturing jobs, more low-paying service jobs...the list goes on.Biden is on the tv now talking about the economy “roaring back.”
Not sure the stock market agrees with him today.
But it tells you where the economy is going and right now it is teetering in a risk off periodWhich is why it’s wise to heed the saying ‘The stock market is not the economy’
It tells you that the stupid shitkickers who won’t get vaccinated because their brains are South of their balls are going to ruin it for everyone.But it tells you where the economy is going and right now it is teetering in a risk off period
The price action in most asset classes is beginning to trouble . Typically, when stocks get hit, bonds or commodities rally. Instead all three asset classes are variously being sold hard.
This suggests the move is NOT rotation but actual organic selling by institutions.
If so , this is all highly bearish. And suggests we are entering a risk off period in the markets.We could right now be entering the virtually guaranteed crisis that will envelop at some
point this year . Could well know by the end of this week .
P.S. Sleepy comments are just noise . He is obliged to offer cheer and calm . He won't even have to be around to sort the mess .
Yep. Much of what drove the stock market loss yesterday is the growing concern over the pandemic surging again, since that will likely affect supply chains and other industries. We'll have to see how the jobs reports reflect continued resurgence of jobs to get a better idea.Which is why it’s wise to heed the saying ‘The stock market is not the economy’
It’s funny how the stock market remembers COvid every once in a while.Yep. Much of what drove the stock market loss yesterday is the growing concern over the pandemic surging again, since that will likely affect supply chains and other industries. We'll have to see how the jobs reports reflect continued resurgence of jobs to get a better idea.
If you want a low paying job to supplement another income or are retired and looking for something to do because you’re bored, this is the time to do that.The only thing "roaring back" is higher prices, inflation, lower wages, less manufacturing jobs, more low-paying service jobs...the list goes on.
Oh...and more money for the Wall Street gamblers and more money for politicians.
And that's the kind of jobs the globalists want for the US.If you want a low paying job to supplement another income or are retired and looking for something to do because you’re bored, this is the time to do that.