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Before we get all excited ... as many who know about markets will tell you, you need to pay attention to the bond market.
After the Fed announced it's latest policy, which was more dovish .. treasury yields cratered. Yesterday (I actually checked) the yields on the 1-year through 5-year were inverted. Now, that includes (barely) the yield on the 7-year.
Before we get all excited ... as many who know about markets will tell you, you need to pay attention to the bond market.
After the Fed announced it's latest policy, which was more dovish .. treasury yields cratered. Yesterday (I actually checked) the yields on the 1-year through 5-year were inverted. Now, that includes (barely) the yield on the 7-year.
over 25K again. Don't get too excited. It won't last. The exuberance is the profit from the tax sugar high. Everyone is reporting slackening China sales and Tariff Man has not gone away. The ax is about to fall.
over 25K again. Don't get too excited. It won't last. The exuberance is the profit from the tax sugar high. Everyone is reporting slackening China sales and Tariff Man has not gone away. The ax is about to fall.
So the reports overall of good earnings is a downer for the politically motivated left.
Next quarter reporting will likely have some pull back but the China deal will play heavily on what happens. Good news and a better deal reached could lead to a new high too. No progress or a bad deal will send it looking for a bottom again. Rest assured we are in good hands with Trump and our best meeting face to face with China's VP and their best. Thankfully Trump is the only President that has had the guts to seek a better deal and get China to the table.
over 25K again. Don't get too excited. It won't last. The exuberance is the profit from the tax sugar high. Everyone is reporting slackening China sales and Tariff Man has not gone away. The ax is about to fall.
No the stock rallies today are due to a stronger than expected jobs creation reports from a select few giant blue chip tech companies.
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