A guy yesterday said he was going to wait-and-see how the drone bombings in Saudi Arabia are going to affect the market. But isn’t there always going to be something?
Won’t there always be a headline that makes you wonder?
Regardless of what actually does happen, the government is much more involved with interfering with the natural market forces, so the likelihood of dramatic swings is remote.
Either your life is on hold, or it’s not.
We can create and shape the market too:
Narratives that can periodically surge into epidemics are capable of changing the economy’s direction or of turning small booms and recessions into big ones.
The probability that a recession will come soon – or be severe when it does – depends in part on the state of ever-changing popular narratives about the economy.
These are stories that provide a framework for piecing together the seemingly random bits of information that one picks up from friends, the news, or social media.
Robert Shiller
Did the lady with the dog use the restroom and look in the garage fridge too?
Federal Reserves all around the world are going into more massive QE and lower negative interest rates. Real estate prices will keep going higher! What’s Buzz Lightyear’s catchphrase? Oh, yeah “To infinity…and beyond!
Fed: easing
ECB: easing
BOE: easing
BOJ: easing
Australia: easing
New Zealand: easing
Brazil: easing
Russia: easing
India: easing
China: easing
Hong Kong: easing
Korea: easing
Indonesia: easing
SouthAfrica: easing
Turkey: easing
Mexico: easing
Philippines: easing
Thailand: easing
https://twitter.com/charliebilello/status/1172266620334616577?ref_src=twsrc%5Etfw
https://www.cnbc.com/2019/09/16/fed-decision-expectations-rising-that-rate-cut-might-not-happen.html