OVERHEAT 20250801
The behavior of the market today only reflect how vulnerable it is. Why should the reports take anyone by surprise?
If it were for awareness people would have questioned the HEALTH of the MARKET by taking its temperature...
Major Borrowers and Major Employers. Corporations are heavily indebted and without a rate cut, Unemployment and credit contraction will only worsen the economy.
And there is no point on denying the fact that what happens in the US still affects the rest of the world.
I warned about an adverse reaction to the #FOMCMeeting . And the "drama" unfolded promptly.
ON THE POSITIVE SIDE
There is a place called Graham-DoddsVille were people is celebrating the downturn, for they are conservative and have the cash to invest when the markets are distressed.