scottinmarin.bsky.social
👤 Joined on 19 Kasım 2023
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When Trump says he "doesn't give a damn" about Americans paying record gas/diesel prices because "we're making a fortune!" he really really truly truly does mean it literally: www.nytimes.com/2026/10/30/b...
Show PostMaybe part of this is investors staying invested to catch the assumed "typical" post-midterm-election relief rally. Plausible, sure, but the broad tape hasn't had the type of setback that on average precedes midterms. Also, 2018 happened (S&P 500 lost almost 20% Oct-Dec despite solid economy).
Show PostThe stock market continues to treat the old June 2 high as relevant support for the current fitful multi-month sideways range. Obliteration in the core AI trade including GOOGL/AMZN continues to be largely offset - to an impressive, perhaps implausible degree - by rotation into non-tech "quality."
Show Post(Also- we have this in the US too. It’s the VA 🤷🏻♂️)
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