How big is the August CPI this week? It is everything.
There are other reasons that contributed to Friday's selloff that still need to be resolved.
Ahead of Jackson Hole, the Fed knows QE is doing more harm than good.
The current low interest rate environment appears to be a good time for the trusts that operate in this industry.
After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.
The change in the FOMC's projections in just three months' time tell us one thing: those sitting on the committee just do not know any more than do the rest of us.
Given recent actions, the way we view fixed income may be changed forever.
The charts of Capri have been bearish for a while now.
At the very least, the valuation may be morphing from traditional old school media to a blend of media and tech.
My 'Hopium/Doomium' model has stood the test of time.