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Here are a number of typical headlines that are indications of the markets being obsessed with politics lately. Well.....make that the financial...
And....now we are back to a mixes market in the big averages. TOO crazy for me to even keep up. YAWN.....the insanity of the short term is just...
AND.....with the blink of an eye all the big averages are now green......this is the type of day we are in for......confusion and volatility and...
As you can see I am generally IGNORING the short term markets again today. We opened in the green but are now moving to the red side of the...
I see a LOT of politics behind many of the little day to day articles in the financial media. Much of it is very subtle....but it is still there....
If you are more into historical and academic discussion here you go. Economic insights https://scottsumner.substack.com/p/economic-insights
Here is a nice little basic...but important....article. With the many baby boomers now in or near retirement creating an income from a lifetime...
Here is the economic news of the day.....as usual lately the data is SOFT......hopefully the FED is paying attention. February jobs report: US...
A little reminder for long term investors. KEEP IN MIND.....we are NOT currently in a market crash. We are simply in a typical correction....
Moving on as.....I continue to be fully invested for the long term as usual.
If you care to review the past......and the insanity....here you go. Having just liv3ed it I dont care to comment one way or another.....since I...
No doubt this will lead to PUNISHMENT tomorrow. Costco reports mixed second-quarter earnings...
An easy report for me today.....ALL RED. Plus a loss to the SP500 by 1.68%. The IDIOCY continues as the market continues to take my money....on...
I am looking forward to my COSTCO earnings later today. They do actually matter....in spite of how the market reacts to even earnings good...
I like......my own......phrase a few posts above as a description of what is driving the markets right now. The phrase is a contradiction....
Ok.....I am making some progress. I now have FOUR stocks in the green......MSFT, GOOGL, HD, and AAPL.
We still have big losses today in the markets......BUT.....the averages are making an early comeback from the big opening dip. I will go out on a...
WOULD YOU BELIEVE IT? I actually have two stocks in the GREEN.......WOW. AAPL and GOOGL WTF is going on......someone really screwed up.
I am NOT going to talk about any specifics of why the markets are down BIG today. Mostly because no one really knows.....it is all opaque noise....
On the topic of collectables. Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction...
