It appears the idea that the 30yr wasn't so bad, it was technical, is the only driving force I can see for stocks rallying today. I would argue the data was clearly negative for stocks, sticky inflation and slowing growth prospects. but the bulls have a story to tell, and dammit, they are going to tell it!!
LMAO !!!!
Glad see J.Powell is as frustrated with the Climate Change Cult, as I am....
Give em Hell, Jay.....Wackos !!!!
Agree with Powell.....Gotta see Inflation in the 2s.....before we're going to think about, thinking about
changing Monetary Policy.....
It appears the idea that the 30yr wasn't so bad, it was technical, is the only driving force I can see for stocks rallying today. I would argue the data was clearly negative for stocks, sticky inflation and slowing growth prospects. but the bulls have a story to tell, and dammit, they are going to tell it!!
good weekend gents