I found todays rally inconceivable, I had several longs this morning, oil, tech, etc. made some money today, but missed an incredible rally again. what the #%$ is going on out there?
Incredible Squeezes
- Thread starter areyoukidding?
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spot on!
nc
PMI below 50, oil socking it to the consumer, PPI and CPI about to take off --- they hope the fed is done sooner now rather then later. to bad the fed hates inflation so much -- next fed meeting rate announcement will be a big one.
there will be no secular rally until osama dies.
I think the employment report this Friday will surprise many with a much stronger than expected payroll number.
I concur. I don't think that rate hikes are over until the far end of the yield curve starts to hike - and that's even with inversion.
A significant slowdown with anaemic growth might give people enough time to take a breather and to give china a breather too.
current events, though spectacular, have only moderate slowing effects - I'm guessing about .5-1% of GDP decrease for 6 months from the whole enchilada. That's only a guess, without harder analysis to back it up though.
it's probably walmart continuing to hire min wage associates.