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Oh joy. President Biden is meeting with Jay Powell today. We’re thrilled. The man Powell, who screwed savers with 0% rates…to the rescue. The man Powell, who enabled and created massive bubbles and debt…to the rescue. The man Powell, who distorted all price and yield…to the rescue. The man Powell, who lit the fuse on…

Yes…we know it is the end of month window dressing period but window dressing is illegal so it does not occur. Another counter-trend rally/bounce. We thought one was close. The thought process was that in less than 2 months, the NASDAQ had dropped almost 25% FROM A LOWER HIGH and the S&P almost 18%. That’s…