Shifting Sentiment Growing up in the 1970s and 1980s, a favorite pastime game was tug-of-war. Two teams pull on different ends of a rope until one group can get the flag in the middle past whatever obstacle separated the two groups – the game was particularly...
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KKR
The Bulls are Back
Last Week: The Bulls are back, and I am not talking about the Chicago Bulls. The stock market rebounded from its brief slump to post its best weekly gains since November, with the S&P 500 bouncing 4.65%. Small cap stocks continued their recent surge, as the...
Blue Undertow Bounce
Markets: What a difference a week makes. A blue undertow (Biden won, but the Senate appeared likely to remain with a Republican majority) swept into the sea of red and turned the market green. Volatility vanished and FOMOTINATE (Fear Of Missing Out There Is No...
The Ebb and Flow of the TIDE
Last Week: We are coining a new acronym, “TIDE” (Trade, Inflation, Debt, Earnings), to describe the movement in the market. Trade continued to be a powerful force, triggering a steep sell-off on Thursday as the delegation to China made little progress. Inflation...
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