Nothing seems to matter anymore except which stock to buy, a staggering conclusion with 11% unemployment and a raging epidemic.
Equity markets had a tougher day on Wednesday than immediately meets the eye. And did you catch what Trump said?
The Federal Reserve posted its June meeting minutes and a report on individual corporate bonds bought so far. Here's my take on both.
I have often written or spoken of the 'half-way back' economy, symbolized by a 'reversed' square root symbol.
It's going to be a bumpy ride but don't be too fast to anticipate a collapse.
As the month and quarter end, there's a key level on the S&P 500 to keep an eye on -- in addition to mandates from pension and mutual funds to move capital out of equities into debt securities..
That's me, right now, and here's how I'm positioning myself amid a host of uncertainties.
Let's see how soon they come back in to support the market should the S&P 500 lose its key 200 day moving average support of 3020.
When something is very obvious to the market it doesn't work simply or easily.
I will tell you this. Nobody I talk to is talking much about Q2 earnings. In fact, Q3 is not even the topic of conversation.