Partying Like It’s 2021

Aug 3, 2022 | Daily Note

  • Here's a big note combining the Mid Morning and the Daily notes
  • The markets don't care what the Fed governors are saying as they try to reign in the markets
  • This makes the markets very dangerous, with speculative stocks rising the most
  • And rising at an unsustainable rate are the mega-cap stocks 
  • Is there stealth QE happening? 
  • Crude is getting closer to a downside exhaustion signal