We are in a hostile investing environment with poor long-term support for the current prices in the markets. The stock market is simply riding the Fed’s largest intervention in history. And every wave ends the same.
The Smart Bird
The Early Bird for Investors — Provides a summary of the best commentary and pertinent news
I just want to point out how Schwab and other investment companies are making money in the age of low fees and zero trade commissions – your cash accounts.
So the state of Georgia wants to start re-opening in late April based in part of the “positive data”. Ummmm… the positive data is due to the lock down and social distancing, not because the virus is going away.
I would think that the price of oil dropping to negative forty dollars a barrel (-$40) on the May Futures qualifies as interesting. It brings up the question of “what does that mean” from many angles such as:
Forgive my rant. But when I hear the Fed talk about their concern for inflation expectations, inequality, and now global warming it gets me going. It’s their way of avoiding the truth.
You had better start trying to understand what is going on because you are about to live with the fallout in one way or another. It will not only affect your TSP investments, it will affect the future of our country. It is hard to get people to listen at the top especially when the naysayers have been “wrong” for so long and reality is so illusive.
Don’t get extracted!
Is the market’s bounce prior to working off over-bought conditions related to OpsEx week?