Sentiment has turned negative for the first time in 2024
Sentiment has turned negative for the first time in 2024 Read More »
Market Sentiment
“The source of the rise in the U.S. unemployment rate is not job cuts but a rise in labor supply”
The partial unwind of the Yen carry trade unleashed so much volatility that the Bank of Japan promised no further rate hikes during times of market turbulence. The Dollar has collapsed against the Yen. The BOJ’s intention was to support the Yen, but the Dollar collapse is really about U.S. debt and deficits.
“Oh, what a tangled web we weave when first we practice to deceive.”
Market sentiment has taken a significant hit. The astonishing IT failure, regarded by many as the worst ever, has severely dented investor bullishness. It is especially concerning and even more shocking to investors than the political drama we are witnessing. The vulnerability we’re all feeling about our extreme reliance on technology might actually be even worse than originally believed because it’s unclear whether our technology systems can do anything to sufficiently remedy the situation and prevent future occurrences.
“Oh, what a tangled web we weave when first we practice to deceive.” Read More »