“They” being the PowersThatBe in the financial universe. Main focus is on the ChartPack this morning. Sure, we were entertained by the J. Powell “fed-speak” but the focus on jobs is likely to be a problem since jobs in America will come at the expense (largely) of jobs elsewhere in the world. Think Asia.
We have only a few headlines. Mainly, this is a time to look at the world and see through the hype – like the Tiger Woods story – and look for meaningful data that will drive life going forward.
It’s not popular at the water cooler. But we’d rather impress “the bank” than “average people.” Just kinda funny, that way…
More for Subscribers ||| Not a Subscriber? SUBSCRIBE NOW! ||| Subscriber Help Center