Good morning STB!
Almost feel like I need to apologize for the constant negativity in this part of the post. There is good out there. Things have improved under the new regime. We’ve dodged bullets to get here. Sadly, reality cannot be ignored. Bad people with really bad agendas exist.
Good v evil
On to the lie -
Minis flat. She seems to be stalling out. Altitude has its own rules. Like climbing Everest, oxygen supplies are crucial. As I’ve discussed, sentiment is so mixed between up or down. ZH top post this morning discussing violent disagreement. How can you bet against a rigged system? Well, maybe it’s finally getting so bad out there that a larger group are now calling it as they actually see it? Recession or not? My local gas station owner (still got those down here) was fussin yesterday about people shopping gas prices - in other words, the wealthy moms he pumps gas for are now pumping their own gas cheaper at other places. This only happened once before in ‘08. The consumer is tapped out. Stimmy money is gone. Things are changing. So, when does QE return? Lowering rates? Massive liquidity injections? Can they get another stick save? You’re on one side or the other. Let’s not address global issues this morning that dampen the picture.
Have a good day.
GL and GB!
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