So, zero out of 7. Looks like smooth sailing.
8. Kellog’s posts loss.
Folks have been predicting bad things for the markets for some time now. Hasn’t really panned out that way has it?
“Investors focus on prices”
That would be the kiss of death. Fortunately, there is little sign of this, as idiots continue to snap up overpriced stocks.
I do find it "funny" how the market often reacts positively to bad economic news as that means...more free money.
But you can't defy gravity forever and there is always a reckoning.
I have no stock market investments. I hope the market resumes its ascent and keeps climbing. That’s where all the QE money goes. It keeps the already high inflation from zooming. When the market crashes all the other prices should start to go up pretty steeply as all that crisp freshly printed digital money comes back into the real world. A sign of the real level of inflation’s continuing effect on prices- the prices we actually pay rather than the prices the government counts- is the escalating number of serious labor strikes that are occurring. That happens when wages are losing value.
I can never if bears are bad and bulls good, or the other way around.