There probably will be an intense period of market volatility that could stretch farther out than even I projected a couple of months ago.
CPI, Fed minutes, and earnings are hitting today as the market continues to struggle with corrective action.
In what must seem to be a somewhat stunning solution, several mass retailers have taken the margin pressuring step to charter smaller ships and reroute cargo.
The question now is whether the lows that were hit on Wednesday morning will serve as short-term support as we move into earnings season.
China's economy is basically a debt-driven Ponzi scheme.
Having a debt ceiling is foolish, it only ever matters to the party currently out of power and never really does what it was intended to... curb federal spending.
Despite a largely unfazed market, here's why I remain very cautious overall.
Can you please name me an industry that isn't impacted by this inflationary monster?
I'm looking for a continuation of strong pockets of speculative action.
Like spilled milk, there is no use in crying over lost monetary opportunity that only increases economic risk at a bad time fiscally now.