Something bigger than we talk about today. Todays sleepy session was the new normal. Ive made no secret of the fact that i think that the end of the recession with the Federal Reserve, it has caused millions of people to miss this amazing run from the generational bottom seven and a half years ago. The current hiatus in buying ahead of Janet Yellens speech in jackson hole is typical. We wait and then its gone. What, why have so many been so skeptical of every darn move higher . Because investors have been conditioned to brief that once the fed starts raising Interest Rates regularly, they believe they believe it never should have gone up in the first place. Everything that can cause a stock to raleigh, from the dividend yield to a shrunk share account, people presume that stocks have to plummet. I have never chosen to make investments based on the feds next move. Because the fed ive known is a fickle beast thats often wrong, parsing every word is a huge waste of time if youre trying to
We didnt see many of them at all today. Dow gaining 27 points, nasdaq climbing. 36 . You need to understand how extraordinary this whole rally is. Were seeing wholesale reevaluations of what the market will pay for Companies Future earnings. Its remarkable because typically you need something to happen to trigger this kind of euphoric buying behavior. But nothings happened to justify paying higher prices for the same earnings estimate. This is all about an animal spirited bull market that i have to admit seems to know no bounds. Think about it. Think about the absence of catalysts. Start with the Federal Reserve. What did the Federal Reserve do to inspire this market . Actually, nothing. Federal reserve did nothing at all. It merely stayed the course. It said it would be patient. Yet everyone told me wow, thats it. All it did was do what it always does. How about oil . All it did this week was nothing, meandering around the 50s. Earnings have been done. Some good ones, red hat, the ope
And provide Remote Access via phone. First comment on each item. In personal be allowed to speak first and then those on the phone line. For those watching channel 26, 28, 78 or 99 on sfgov. Org the public ment call in number is streaming that is 4156550001. Enter access code 2486 967 3951. You will heart discussions but muted and in listening mode only. When your item come up and comment is called. In person lineup to speak on on the phone dial star 3 to be added to the queue. If youor youre phone turn down your tv and upon listening devices and each speaker allowed up to 2 minutes unless stated. You misubmit comment in writing in the following ways e mail them to myself the budget and finance clerk at brent. Jal ip a assfgov. Org. Via e mail tell be forwarded to the supervisors and include part of the file and send the written comments u. S. Mostal service to our office in city hall at 1 dr. Carlton b. Goodlett place. And items acted upon are expected to appear on the board of superv
Do you have announcements. For those in the chamber silence electronic device. The board of supervisor convening hybrid meetings. And provide Remote Access via phone. First comment on each item. In personal be allowed to speak first and then those on the phone line. For those watching channel 26, 28, 78 or 99 on sfgov. Org the public ment call in number is streaming that is 4156550001. Enter access code 2486 967 3951. You will heart discussions but muted and in listening mode only. When your item come up and comment is called. In person lineup to speak on on the phone dial star 3 to be added to the queue. If youor youre phone turn down your tv and upon listening devices and each speaker allowed up to 2 minutes unless stated. You misubmit comment in writing in the following ways e mail them to myself the budget and finance clerk at brent. Jal ip a assfgov. Org. Via e mail tell be forwarded to the supervisors and include part of the file and send the written comments u. S. Mostal service
Silence electronic device. The board of supervisor convening hybrid meetings. And provide Remote Access via phone. First comment on each item. In personal be allowed to speak first and then those on the phone line. For those watching channel 26, 28, 78 or 99 on sfgov. Org the public ment call in number is streaming that is 4156550001. Enter access code 2486 967 3951. You will heart discussions but muted and in listening mode only. When your item come up and comment is called. In person lineup to speak on on the phone dial star 3 to be added to the queue. If youor youre phone turn down your tv and upon listening devices and each speaker allowed up to 2 minutes unless stated. You misubmit comment in writing in the following ways e mail them to myself the budget and finance clerk at brent. Jal ip a assfgov. Org. Via e mail tell be forwarded to the supervisors and include part of the file and send the written comments u. S. Mostal service to our office in city hall at 1 dr. Carlton b. Good