Friday, July 17, 2020

This Stock Market Will Eat You!

I thought this was an interesting perspective today by MN Gordon at Economic Prism:
"At the moment, we struggle to find a time when the outlook for future stock market returns has ever been shoddier.  Make of it what you will.  Do what you want.  Chase shares of Tesla higher, if that’s what makes you happy.
"Just recognize you’re merely drawing lots.  This stock market will eat you soon enough."

Monday, July 13, 2020

Stocks Crash Into Red When Fed Hints At Less Money Creation


After being up more than 500 points today, the Dow and the S&P both crashed into the red today after the Fed hinted at an end to its "facilities" of creating new money. Wow!

Stocks Rise 500+ On Horrible Economic News