Good morning … Yesterday was another rough one and sifting through all sorts of data feeds this morning, seeing all sorts of visuals and RoCs showing worst day EVER or in several years for this or that specific security. Taking a step back and not looking at the broadest of pictures (thoughts / prayers with those up in Lewiston, ME as well as remaining with those in harms way in Israel), and focusing on markets …
All these broken models and patterns, I can't help but think we're Lab Rats caught in a maze, searching vainly for the cheese. Let's hope that cheese doesn't have a Nuclear Glow when it's finally found!
Outstanding Article !!!!
I will take the "Over" on the size of the Treasury's Refunding......It will be ENORMOUS !!!
Money Supply is interesting. Looks like it is Regressing to the Mean...a ways to go.
Those Home Purchase Appl. numbers are Extraordinary......LOW...
What a MESS.......
We'll get through it.....
Agree with your conclusions.....Short of a Recession...Short of a Regional, WW3 war...
Rates go higher....above 5 %
Thanks for your expertise.....
All these broken models and patterns, I can't help but think we're Lab Rats caught in a maze, searching vainly for the cheese. Let's hope that cheese doesn't have a Nuclear Glow when it's finally found!