Freaking out wrote:
Ghost of Igloi wrote:
Freaking out wrote:
Ghost of Igloi wrote:
Of course the shutdown matters but it will end. The larger issue that has changed is the character of the market and this will determine where we are headed. Fasanara Capital does as good as job of any analysis of where we were and where we are headed. Of course the financial media always dishes out the same Bullish refrain, always the same, but unable to see the inevitable fail of this thinking.
Actually there’s plenty of Bearish sentiment in the media. For example, Fasanara Capital has been all over CNBC and others for months. (Good for them since they’re not known for much else.)
You cite one, while the crying of the Bulls in December was deafening. “Please Powell throw us a bone.” Truth is the market cannot advance without cheap and plentiful money. Maybe even that has reached it’s limits. Of course you can believe things haven’t changed. We’ll see, Market seems toppy again to me.
One is enough to prove that “always” (your word) is incorrect. Of course, they’ve been on repeatedly, as I already pointed out. And they’re not alone in that.
On CNBC World. OK, good for you for watching. Too bad you ignore the message. But that makes a market. Reality is a Bullish slant sells financial news advertsing. And that message is decidingly slanted that direction every day. If you are discriminating at all, you can see the standard analyst all say pretty much the same thing. At least Francisco Fasanara has something different and interesting to say.
