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H/T Ryan
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Wall Street’s reaction to hotter-than-estimated inflation data suggested growing bets the Federal Reserve has a long ways to go in its aggressive tightening crusade, making the odds of a soft landing look slimmer.
After a lengthy period of subdued equity swings, volatility has been gaining traction. That doesn’t bode well for a market that’s gotten more…
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Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.
- Chinese Proverb
Some Recent Activity
The last time just 10 stocks accounted for 38% of total market cap was just before the Great Depression (chart Goldman). Think of how much we've run up. Remember Trumps tariffs. Remember the Fed may not drop rates as quickly as we'd hoped. …
What an Old Idiom & Chat GPT Means for You
Definitions and Generally Accepted Interpretations:
Something new is replacing something that is old or out of date[i],[ii]
Life improves by replacing old things with new things.
To discard older, legacy…
Definitions and Generally Accepted Interpretations:
Something new is replacing something that is old or out of date[i],[ii]
Life improves by replacing old things with new things.
To discard older, legacy…
