Today's job news pretty bad
"Fewest Jobs in 9 Months"
Consensus 500K, actual 194K
And economics is considered scientific while astro is voodoo
On indexes no economist can compare
And even on this jobs report I would beat them
But main point -
"Fewest Jobs in 9 Months"
Consensus 500K, actual 194K
And economics is considered scientific while astro is voodoo
On indexes no economist can compare
And even on this jobs report I would beat them
But main point -
As I type SPX & NDX flat
Why?
Bad news = good news b/c FOMC QE
Now, it was dumb of me to not adopt this in March 2020 when FOMC came in massively, like beyond conception, pumping 1T in a few weeks with promise to continue whatever needed
Why?
Bad news = good news b/c FOMC QE
Now, it was dumb of me to not adopt this in March 2020 when FOMC came in massively, like beyond conception, pumping 1T in a few weeks with promise to continue whatever needed
How does this end? Still an open question.
If the worst astro = top of market, because market participates think QE no end in foreseeable future, then maybe still already in or close to in
early Sept was Jupiter Rx in term of Saturn, out of that term actually lower
If the worst astro = top of market, because market participates think QE no end in foreseeable future, then maybe still already in or close to in
early Sept was Jupiter Rx in term of Saturn, out of that term actually lower
But with Jupiter in Pisces cnj Neptune in Pisces next year, along with Saturn in benefic terms for some of 2022 (not all), also have to consider inflation / stimulus / delirious type of high where money comes out of bonds into other assets to propel indexes higher
This is big picture view 2 scenarios, thinking out loud, not any near term call
Today's news illustrates so clearly how massive distortion by FOMC is impacting things
Even in 2010s miss like this would mean stocks down bonds up
Everything haywire
Today's news illustrates so clearly how massive distortion by FOMC is impacting things
Even in 2010s miss like this would mean stocks down bonds up
Everything haywire
If only the 99% were supported by the gov't like investable assets (vast majority held by top 1%) have been supported by the FOMC
Or they are absolutely terrified at idea of rising rates, not sure which
~end~
Or they are absolutely terrified at idea of rising rates, not sure which
~end~
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