Global economic growth is getting crushed as seen in global PMIs
Archives of “July 13, 2019” day
rssUS vs. German yield spread breaking down from a multi-year support line!
Last two times coincided with the peak of the tech & housing bubble.
Fed policy turning uber dovish with stocks already at record valuations & late in the business cycle? Never ends well.
Ratio of the Tech sector to S&P 500 is at its highest level since January 2001.
Maxims From Ross Perot’s Father
Maxims from Ross Perot’s father who apparently was a cotton trader.
The hit’n’miss ratio was higher than Wiswell’s.
Boeing $BA
JP Morgan trading desk has been snorting coke and gobbling up silver for over 2 years now
Interesting passage from an 1887 book on speculation:
“The saying ‘A fool is born every minute’ is said to have originated with one of the most prominent operators in Wall Street.”
INSANITY. (1901)
Gambling vs. Speculating Ticker Magazine (1910)
Traders and Investors Remember this……….
