I'm loaded up for a big run to the upside.
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mr.h
I hate F$U and ND
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I’m glad you didn’t post 2022…
Cmuri
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Last April was a ****show. We also had a negative quarter to start the year. But apparently the year before an election is also strong.
I am a big fan of history and going with the odds/megatrends, but there are so many crazy factors out there right now. Bottom line though, with a ridiculous budget deficit, the Fed still raising, chronic shortages in labor, energy, housing and food, and an economically incompetent government, I am still net bearish.
mr.h
I hate F$U and ND
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OPEC needing to cut production again…
If they are looking for a slowdown, here we go.
| USD | ISM Manufacturing PMI(Mar) | 46.3 | -3.39 | 47.5 | 47.7 |
| USD | ISM Manufacturing Employment Index(Mar) | 46.9 | -1.51 | 49.8 | 49.1 |
| USD | ISM Manufacturing Prices Paid(Mar) | 49.2 | -0.89 | 53.8 | 51.3 |
If they are looking for a slowdown, here we go.
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Slowdown is a foregone conclusion, inflation needs to come in more, and that is unclear.
From Barrons today, the scuttlebutt is that Brandon had promised the Saudis that he would be refilling the SPR and reneged. Surprised the S&P is holding up.
The Biden administration may not be entirely blameless, though. The U.S. had intended to buy back oil for its Strategic Petroleum Reserve (SPR) when prices fell to about $67 to $72 per barrel. But Energy Secretary Jennifer Granholm said late last month it would be difficult to do that this year.
The Biden administration may not be entirely blameless, though. The U.S. had intended to buy back oil for its Strategic Petroleum Reserve (SPR) when prices fell to about $67 to $72 per barrel. But Energy Secretary Jennifer Granholm said late last month it would be difficult to do that this year.
World Bank Warns of Lost Decade for Global Economy
The international lender sees demographics, war and pandemic aftereffects holding back growth.
www.wsj.com
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mr.h
I hate F$U and ND
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| 07:55 | USD | Redbook Index (YoY)(Mar 31) | 3.7% | - | - | 2.8% |
| 09:00 | USD | Factory Orders (MoM)(Feb) | -0.7% | -0.45 | -0.5% | -2.1% |
| 09:00 | USD | IBD/TIPP Economic Optimism (MoM)(Apr) | - | - | - | 46.9 |
| 09:00 | USD | JOLTS Job Openings(Feb) | 9.931M | -1.67 | 10.4M | 10.563M |
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I’m in Rumble
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TheEye
Recruiting is about get even better.
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I would love to see a 0.0 increase by the Fed at the next meeting.
Bonds are screaming it as well.
mr.h
I hate F$U and ND
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so am I..
He is very articulate, but you have to take him with a grain of salt, he is ALWAYS bullish. He was all of last year too.