it's like 1983 ...

Chicago PMI 72.1

pers. inc 21% up 

but 1983 was coming of 70s style stagflation ..!

highlights of state of the union

rich should pay a fair share for child-care of poor .. giving up up to 50% ..!

unions built this country ...

let's spend like crazy & blame the rich for taking an advantage.

no talk about tapering ...

SPX 4200,  teenies down 1.66 to 1.613

payroll jobs are 8.5M below the pandemic, but we are finding labor shortages in the market

market is already doubled since the low

are we in housing bubble ..? IF housing market is hot, why are we purchasing MBS ? ... are feds indirectly boosting the housing market ?

let's spend more tonight ..!

funny, how COVID helps China grow its economy ..!

so, Corona hurts US businesses so govt. provides stimulus  ... 

US consumers spend this cash on what ... 

goods made in China ... as seen in huge rise in shipping costs from China ...

Think about it ..!

teenies rising again ahead FOMC tomorrow ..!

 TNX .. 1.622

Bitcoin under 50K ..!

beginning of Socialism in USA ..!

Wall St pushed the sell button on Biden's capital gains tax for wealthy at 43.4%

basically, govt gets half of the money you make in your investments ... how nice ..!

Bitcoin drops 15% Sunday night ...

 If you can stomach that .. you got a solid gut ..!

RS up, IJC down provide boost to the market

Fed want inflation to stay above 2% for "sometime"

before taking any action .. so called foot on the brakes ..!

so, equity markets don't have to worry about anything until then ... really !!!

CPI came high as well .. as expected ...

 market feeling toppy ..!

PPI came high today, but market ignored it ...!

 when she gets drunk, its hard to talk about any logic ..!

ISM- Manuf 64.7