The Fed now says they can be patient on rates. Really. No kidding! As we have told you, unless the market forces their hand, the Fed will never raise rates. And it is our opinion that on any blip in markets or the economy, QE4 will be right around the corner. Eventually this teasing of the markets will fall on deaf ears as the “boy who cried wolf” may come into play. Sorry Aunt Mary and Uncle Bob with those savings.
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- YESTERDAY/PRE-MARKETJanuary 23, 2019 - 8:49 am
Not a thrilling day yesterday…but ramped a bit into the close as the confusion out of the White House continues on trade. We think we heard 3 different stories yesterday. We are of the camp that yesterday’s highs will be the highs for now but earnings earnings earnings. This morning, DOW futures best as IBM […]
- RADIO SHOW 1/22January 23, 2019 - 8:43 am
- PRE MARKETJanuary 22, 2019 - 9:11 am
Futures down but that’s after being up another 300+ on Friday. We are actually in hopes of pullbacks. Markets need one or two to set things up better. Maybe this starts one. Most all early weakness has been bought so far. Massive amount of earnings next two weeks. Patience here. More tonight.