You Can't Hide Your Lyin' Eyes
Markets seem poised to head higher, but we're not convinced the worst is over just yet. However there was some good news this week that could point to an end to the bear market sooner rather than later.
Markets seem poised to head higher, but we're not convinced the worst is over just yet. However there was some good news this week that could point to an end to the bear market sooner rather than later.
Investors seem dazed and confused as fundamental data points to recession, but markets are acting as if recession isn't on the horizon.
As markets have seemingly forgotten about economic fundamentals, perhaps we're living through the "Upside Down" now given the recent improvement in equities.
Right now, Fed Chairman Powell reminds me of Emilio Estevez in Young Guns II - willing to go out in a Blaze of Glory.
Well, if the Fed builds it (bubble), it will eventually burst.
The Byrds first recorded the song "Turn! Turn! Turn!" in 1965, but they were not the first to record it.