On the heels of last week’s bullish turn for stocks, the market is off to a mixed start for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented his power.
“If we had tried maintain what we had a year ago, it would have been like getting drunk…and then trying to stay drunk…to avoid a hangover. What the Fed is trying to do is to keep a bad hangover from becoming a horrendous one…but they’re also trying to make sure we don’t get drunk again……….It’s a very tough job,” he writes.
The manager also reportedly won big by taking the other side of a trade in 2012 by JPMorgan’s “London Whale” trader Bruno Iksil, who racked up a $6 billion loss for the bank. The markets Stocks DJIA SPX COMP are mixed, as bond yields TMUBMUSD10Y TMUBMUSD02Y edge up and the dollar DXY trades modestly lower. Oil prices CL.1 are softer.
wtf are you talking about? as soon as MAGA flips both houses the market is going to rally YUGE unless you are a woke company.. THIS IS THE TRUTH you guys should start posting actual truthful comments