ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
In “Market Cheers Over Ugly GDP Report“, Mike “Mish” Shedlock breaks down the components of the Q3 GDP numbers and laments that “I am struggling to understand what is surprising other than how bad this all looks once you break down the numbers.” The surprise was that the annualized GDP of 3.5% was a smidge … Read more
Once again, I am left wondering why another poor jobs report has supposedly caught the market and pundits by surprise. Those of us on the ground, and not just generating models, know and understand the ugliness of the job situation and see how it continues to worsen, not improve. We remain on schedule to hit … Read more