Go ask Jerome Powell . In recent years we have witnessed the diminishing power of the American presidency no matter who held the office leaving the American people to confront a cold hard fact.....The Chairman Of The Federal Reserve Board runs this country.
For now
Silly things people say to pretend to be smart.
That's why people sell, option and insure. Timing the market, no thank you? Using investment tools to protect your gains, yes please. I've moved my stop/loss levels every day and continue to collar my options waiting for the drop. It's inevitable.
@IVE GOTTA PACKAGE 4U what should he buy
Treasury notes
I've already purchased IBonds. For years and years.
The two three and five your treasuries don't have a bad yield right now
Mostly short term for me 12 month or less.
I know you can make better money on a short-term right now but once it's economy slows down and they start dropping the interest rates and trying to lock in at 2 to 5 year stuff right now
www.zerohedge.com
How can a market keep going up, especially when earnings are a lot less than the previous year?
Earnings overall have exceeded expectations. Yesterday's retail sales was stronger than expected and CPI, PPI and employment continue to defy worldwide trends. Burry is a gambler and is wagering that the Fed will have to continue raising rates until employment inflation is crushed.
People running out of money things have to slow down
As long as they're working, they'll spend. Hate to say it, but we need 6% unemployment to give employers some relief.
