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CNBC Mad July 3, 2024

Apocalyptic. The house of pain. Kind of like a plague of locusts or a rain of frogs. Remember theyre not to stop smacking the space to the economy slows down. We are seeing above average job growth in all sorts of areas. It is like there is no slowdown whatsoever. It either looks like the shutter of the spine of traders who cannot stop this inflation. So here comes the october crash. But once youve pulled these numbers apart, the economy is cutting a heck of a lot of jobs, there is a lot less wage pressure which is what we really care about than we ever expect amongst the midst of this high. What we expect of Wage Inflation without discharge may jobs. That would be ideal point we just did not think was even possible. The bears did not think it was possible. Next thing you know, the average plumage down hard. Started soaring. These numbers could make it so that we have thats how the dow finished up to 88 points. Nasdaq pulled 1. 6 ....

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CNBC Mad July 3, 2024

Market is so ugly that you just want to get out now. I cant endorse that here. Up. 20 . Id be lying if i told you i feel great about this market. Especially, the forecast. Ever going to get those. Lets start with what i think is the real elephant in the room. Lets talk about the bond market. At its power bleeds into the stock market every day, and has been a bleeding in a bad way. How does it do that . When the government sells bills, notes, and bonds to pay for the deficit it weighs on everything. Considering the gigantic sideshow that could hurt your portfolio. You got to use 44 billion, sevenyear bond auction thats tomorrow. On top of todays 70 billion dollar five year note auction. Especially, on top of the 69 billion sale. Talk about cash is rook. Its gotten so compelling to so many people. But, they want to buy some of these bonds. Which means they often need to sell stock in order to swap out of that and into the bond market. You need a lot of ponders to come in, and by these bo ....

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