Puck big business while we all get raped by the insanity and crass politics of our leaders
Stock market right now has shite to do with earnings or PPS or P/E ratios
It’s about the news and furture
And what triggers algorithms to buy or sell for hedge funds
The rest of us are just pilot fish
Only real adjuster outside that is oil prices and other political news besides Big Flu
‘the market’ and ‘the economy’ parted ways years ago.
We got out of ‘the market’ over a decade ago. It’s rigged. Local economy is more meaningful for our standard of living. And that won’t improve here until the oil patch picks up.