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Catch a Falling Knife
The Compound and Friends
The Market Is Not the Market
The economy consumers, we're going to talk about consumers spending it. They're not responding to a tighter monetary policy. How far off the high is the S&P right now? 17? I don't know. The data has not turned yet. Earnings per share it down a little bit, but not that bad. But Powell acknowledged that in his testimony. He says, I realize these rate hikes have not filtered into the system. So I think he's open-minded where if the jobs report CPI, all the stuff, the next set of economic data comes in softer,. It absolutely could.
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