Tuesday, August 01, 2023

But, but, but...$3 TRILLION!-----Stock Prices Continue to Defy Monetary Restraint, Declining Profits

Stock Prices Continue to Defy Monetary Restraint, Declining Profits
  • Later this year and into 2024 the delayed economic weakening effect of last year’s surge in federal spending will combine with the delayed impact of monetary restraint to send the economy down. 
  • Stocks continue to defy monetary restraint and declining profits. 
  • Expect a reckoning once the economy finally responds to the Fed’s restraint...

No comments: