We have much to ponder: New jobs report. A winner. Meanwhile, a series of Federal Reserve working papers has us considering the kind of future the Fed is looking at. Then there’s more action by North Korea and a migration path to war with China if we screw the pooch in negotiations.
But mainly, we’re watching the markets and the rhyme off the 1920’s and waiting for the Big Top which must necessarily be set before the Second Depression sets in. On the way up, we’re happily on our way to adding another significant digit in our trading account.
Unless, that is, we skip it the blow off top and go right to the war that usually follows a global depression.
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Thanks for another great article again today George. At least the Fed seems to be taking just about every Dooms Day scenario one can think of seriously.
It also seems that putting an Obama functionary under oath in front of a bunch of professional liars is more for the mutual appreciation of their collective skills rather than any search for the truth that I’m sure all of them are privy to.
Its odd about the job reports. When Obama was president and good job #’s came out, there were all these doubts and reasons why the job numbers were incorrect. Now Trumps president and we can all trust the job #’s.
I hear this phrase a lot in the crypto world, “It’s different this time.”
Yeah, uh, huh.