Thursday, June 11, 2020

an interesting game indeed ...

as market sold off 3% over night  (& 7% by EOD) .. & so did teenies, dropped a 1/3rd since NFP on Friday ...!

now stock & bond markets look good as a pair ... for now ..!

check yesterday's posting for the rest.
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SPCX lost a third of from the peak ..

  • you don't need to be a PhD in economics ...
    to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....
  • Too late .. Fed chairman ...
    his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used ...
  • CPI came benign ...
    either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...