Markets

Fed raises rates….still at a measly 2%. Last time unemployment was 3.8%. rates were 6%. This morning ECB says they will slow down money printing but still keep rates negative into 2019. Amazingly, long bond rallies strong this morning taking long rates down. 10 year still under 3%. Futures up. Normal to do opposite of…

SOURCE: http://www.latimes.com/politics/la-pol-ca-california-split-three-states-20180612-story.html

A few thoughts on North Korea: We are amazed and continue to be amazed (not in a good way) how the national media continues to bring on pundits to put down anything and everything Trump has done with his dealings with North Korea. Who are these pundits? Mostly people from past administrations that failed to…

Futures are up a wee bit after an eventful evening. Lots of whining and complaining by the media. Our take: it is a great opportunity. May lead to nothing but life is about opportunities. Hopefully, this one is a success. No complaints. Markets have been edging higher. Selling has been limited. Beta has been picking…

SOURCE: https://twitter.com/i/status/1006506403492696064

Everyone asking why markets are not hit today with all the supposed trade trouble around the globe. It is simple…right now, this second, the market does not want to get hit. Simple as that. Remember, it is not the news. It is how things react to the news. Right now, the tape is healthy with…