Are they trying to tap the brakes or is this an admission that they cannot tap the brakes and must do more of the same to make sure risk taking accelerates to ludicrous speed?
When government data seems strange like this, it is more likely to be an artifact of sampling or some other one-off reason.
The market came within whiskers of a technical breakdown on Thursday, yet few people seem to know or care.
Why? It's not a good wager -- and there are better places for investors to put their money if the economy booms.
To get inflation fears, all we really need is a bunch of these subjects to hit the headlines.
As we look to the calendar and some improvements in the the job market and the pandemic, there seems to be a clock on the extensive monetary stimulus, but that's not what the Fed is saying.
The central bank chooses to be myopic for the time being.
I am going to tell you that there is no possible way that higher taxes are helpful from the market's perspective.
The question is not if but when things blow up.
It probably doesn't matter. He's dead wrong. As always, the numbers don't lie.