Good morning … Bonds, they say, have more fun … Here you can see BONDS clinging to ‘support’ last seen back in October and momentum (stochastics, bottom panel) remains overSOLD and ripe for a correction. What could possibly ignite such a correction? I’ve no idea BUT some times it is said that price action itself fosters other price action and … on that, with bonds ‘on sale’, I was reminded of something just yesterday …
Greenspan always 'talked' a good game, but never stopped the party, never withdrew the Punchbowl, as a wiser Central Banker once said. I do remember the briefcase indicator!
Is the economy really 'growing', when homelessness, bankruptcies, and budget deficits are all going Buzz Lightyear? And 46% of us can't afford a $400.00 emergency? Asking for a friend!
Greenspan always 'talked' a good game, but never stopped the party, never withdrew the Punchbowl, as a wiser Central Banker once said. I do remember the briefcase indicator!
Is the economy really 'growing', when homelessness, bankruptcies, and budget deficits are all going Buzz Lightyear? And 46% of us can't afford a $400.00 emergency? Asking for a friend!