This entire space will be battered for a long time.
This is what the economic world looked like in 1960: the U.S. and Britain being the two big boys. Now China dominates and US is second fiddle.
JPM, which has every reason in the world for stocks to go UP, told the world to BUY stocks because of a “whisper number” they made up
Graphic
Gold is getting closer and closer to its key breakout……. The moving averages are configured for launch:
Moments ago, I held my breath and await the goddamned CPI number, and, sweet baby Jesus, am I glad to see what I’m seeing – – – RED HOT inflation and the world blowing up in Jerome Powell’s wicked face: Even with the g…
I figured I’d call it a day with my Salesman video, but no, I just can’t.
FEEDAs we all await tomorrow morning’s CPI number (which is a figure no one cared about for YEARS, but now it’s the most important thing in the financial universe)
Just something lighthearted to help quell the bear agony:
I was going through some old posts on the site, and I stumbled upon this one from eight years ago, in which I, accompanied by mirthful Slopers, laughed at this tiny house being sold for $2 million.