Since the April 2020 low, I’ve been bullish on the markets for two main reasons: The strong technicals and the accommodative Fed. I started writing articles around that time saying that even though the pandemic will get worse, “it doesn’t mean the stock market has to go lower.” Over the past two weeks, these two [...]
One strong Jobs Report last Friday and it's the end of the world, huh? That's it, the Fed is going to raise rates and the market has topped. For those who don't know me, I'm being sarcastic. Here are a few thoughts: 1) This week, you will hear non-stop discussions about the Fed. My best [...]
Barack Obama will do everything in his power to keep the U.S. stock market up until the end of his Presidency. He inherited an economy that was in a recession, and his number one priority is to leave the U.S. better off "by every economic measure" than it was when he took office. Now before [...]