Post by
DZtrader on Aug 07, 2024 10:03am
The whole world is upsidedown!
Was just listening to Noriel Roubini suggesting there is no recession in sight, market worry of such is wrong, the economy (while slowing) remains strong and that both the equity and bond markets both got it wrong the other day.
To top it off, Claudia Sahm (oh shoot, forgot, only TJ is allowed to speak about her) is now out suggesting her rule was meant to be broken!
What's next, the Wizard will actually post something that is correct and accurate?
Comment by
CptnBlueberries on Aug 07, 2024 10:55am
Maybe garyboy ends up being right after all with his S&P 6000 before end of year prediction. With yesterday's / today's huge bounce, I think i'm now betting more on garyboy's new highs prediction than tj's crash predictions.The next job report just needs to be better than the recent one (to mark the recent one as an anomaly and not a trend) and new highs happen.
Comment by
garyreins on Aug 07, 2024 10:58am
But REITS need yields to go down a lot more..its a loose loose in my view, always is for these trds
Comment by
DZtrader on Aug 07, 2024 1:22pm
Also of interest however....................this just in, Buffet now owns more Tbills then the Fed. If that don't get you scratchin your head, you shouldn't be trading!