Since the mid-October lows in the indexes, stocks have rallied sharply on bullish expectations for 2023. These have been based partly on what the Fed may do to temper their rate hikes on the back of falling inflation. This new-found optimism from the depths of
Liz who? Was she just a Will -o – the – Wisp that was cancelled by the establishment blob as if she wasn’t there? So now the way is clear for the Return of Boris (for the Second Coming?) And to an almost certain economic
“Well, here’s another nice mess you’ve gotten me into!” These immortal words of Laurel and Hardy come to mind as we are gripped by the financial earthquakes caused by the new UK government’s tax-cutting and a smaller state revolution – and the extremely violent reaction
Shares fell hard last week in an orderly fashion (no panic) into Friday’s low with the Dow losing almost 2,000 pts. As I have been pointing out, the US indexes are in a very strong third waves lower that are nowhere near complete. But don’t
Regular readers will know that we have been riding these majestic waves ever higher in commodities – from crude oil to coffee to soybeans and more – from the lows almost exactly two years ago. And now the long-anticipated invasion of Ukraine by Mr Putin has occurred – and my question is this: have we reached the terminus of the Putin commodity train.