37 replies to this topic

[redfoliage2]

Nonfarm Payrolls way below expected:  194K actual vs 500K expected.......................

[redfoliage2]

Senate voted on raising debt ceiling 50:48 passed

 

https://www.reuters....fix-2021-10-07/

[redfoliage2]

As the ST issues have been resolved I expect the market going higher next week for OpEx .......................

[redfoliage2]

As the ST issues have been resolved I expect the market going higher next week for OpEx .......................

So early dips likely to be bought .............

[steadyquest]

Feels like we are teetering at the cusp of a crack-up boom, with the fed trying to walk a thin line, apparently lacking courage to do the right thing.  The trouble is, there really is no line to walk, but rather a single point of inflection.  One way or the other, a choice must be made, and it had better be the right one.  Once past the inflection point, history tells us there can be no turning back.

 

 

https://www.investop...rackup-boom.asp

[pdx5]

Corporate taxes are going up. That does not help create jobs.

Better way to encourage economic expansion is to create incentives for businesses to expand via bigger profits.

Printing money is a top down approach and results in stagflation.

Rinse and repeat ad nauseum.

[fib_1618]

There are about 11 million jobs available at this time...so this has zero to do with budgets, corporate taxes or bigger profits.

 

It does have everything to do with government intervention and its incentives to change societal balance.

 

Fib

[redfoliage2]

VIX down today even though SPX was down a few points.  So the market is likely to go up Monday .....................

Edited by redfoliage2, 08 October 2021 - 01:06 PM.

[redfoliage2]

VIX down today even though SPX was down a few points.  So the market is likely to go up Monday .....................

But looking at the 10 yr yield today I'm less confident with this prediction .............................

[OEXCHAOS]

FWIW, I'm short bonds.