The bond market is getting destroyed today, thanks to the Fed. The 10yr bond is up 10bps to 2.45% — moving in the opposite direction of stocks — which are gloriously higher by nearly 250.
The run higher in basic materials can best be represented by the ETF $XME. If you’ve missed out on this run and are afraid to buy into a furious rally, hold tight and buy later. But, there isn’t a strong likelihood that equities will correct from now until May. There is a sea change taking place. It’s important that you understand the difference between a Fed induced rally and one on the merits of real economic growth.
This is political. Trump’s policies are the opposite of what Obama envisioned, which is an economy stifled and burdened by heavy taxes, regulations, currying favor to mercenary capitalists — literally helping them move jobs abroad to lower costs. There is an ideology behind that way of thinking of course: safe the earth fom humans, uplift the living standards of people abroad, help all of humanity via organized and command economic structures coupled with philanthropic organizations etc.
This is all bullshit, the machinations of deluded people, failures.
You cannot help others while sick. The President’s job should be to advocate for his citizens first, everyone else second.
Enough of the fucking ranting. Go enjoy the cocaine rally.
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All the money Obama printed will be given real value.
The stock market is roaring but that has little to do with middle-class success as we’ve seen over the last few years. Let’s see if employment, wages etc pickup. Corporations have every incentive to cut the workforce and keep down wages. Spending billions and billions like a drunk casino operator won’t make it happen. We know how that ends. But at least we have a new Office of Immigrant Violence.
Why not just say “This is what no hope feels like” while stocks explode higher 100% because of your man, my man, the main man Trump?
Pretty soon you’re going to be in love with him, but first you have to love yourself.
TC .. I know you don’t like The Donald, he is however talking his walk. How did the trillions that Obama spent help in anyway besides pile on more debt? Give it a rest already.
Most Americans just want to work hard and at the end of the week come home and drink beer having made a little more money than the week before. Trump is making people feel like that’s a possibility again.
UEC starting to feel a lot like your GPRO position