"1). US-Iran capitulation and last leg down in oil price, 2. US midterms, as electorate signals affordability/lower inflation more potent Main Street issues than lower taxes/regulation/higher stock prices."
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...as if you needed another reminder to trust no one and do your own work.
...whether the market crashes UP or DOWN remains to be seen. Thank you, inflation.
...the balance of risks tilted toward a rally, citing crowded bearish positioning, improving inflation data, and overstated Fed…
How high can we push valuations before something snaps violently?
"...the more durable expression is lower dollar rather than structurally lower rates..."
The signals suggest the regime may be changing, and we should be prepared for that possibility...
