The S&P 500 will top soon at 2925-2930

*ROSENGREN: THERE ARE COSTS TO EASING IF YOU DON'T NEED TO ACT
*ROSENGREN: WE'RE IN A PRETTY GOOD SPOT RIGHT NOW
*ROSENGREN: PRIVATE SECTOR ECONOMISTS DON'T SEE A RECESSION

 

Lunch time, market is up at highs and Rickshaw man is not cheering....what a strange day.

 

Looks like Rosengren stopped this bounce off the lows. A voice of reason?

 

Wow...more hilarious news headlines

So desperate for 0% rates.


Trump says the Fed is the ‘only problem’ with economy, calls Powell ‘a golfer who can’t putt’
PUBLISHED 30 MIN AGOUPDATED MOMENTS AGO

Jeff Cox@JEFFCOXCNBCCOM


https://www.cnbc.com/2019/08/21/tru...nomy-calls-powell-a-golfer-who-cant-putt.html

 

If he doesn't get it and it crashes, he has an out. This is pretty genius.

 

In saner times, such a 'tweet' would've triggered a bipartisan 25th Amendment resolution, immediately. Now? It triggers Pence-ive recognition of what would follow....

 

Will see Powell and his response tomorrow to all this tweet talk hopefully he doesn't bow to the tweets!!

 

Added more shorts!!!

Keep the rally going!

 

FOMC minutes today BTW. Wait until then?

 

You can. I didn't. I put on only a 1/4 of each position