Bonus Quote of the Day: Feeling Like We're In The 11th Round

Jim Bianco, Macro Strategist with Bianco Research, is one of today's more sought after articulators  of the state of global general conditions. 

Today, RealVision posted an interview featuring Jim subtitled "How the Fed Effects Equities".

The quote below from the interview essentially echoes my message in yesterday's must-watch video: I.e., as recently as last year at this time our macro assessment had it that the economy and, thus, the stock market could withstand what ultimately morphed into a 20% correction that ran from early October to Christmas Eve. And that, presently, however, our assessment is notably less sanguine:

Quotes of the Day: Don't Be Silly!

Well, no surprises here; equity index futures are rallying pre-market on the following U.S./China trade news:

Market and Macro Commentary (video)

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:

It Would Be Crazy To.......

So stocks are selling off a bit this morning, following through a bit on Friday's selloff. Headlines suggest that it's because the President tweeted that the U.S. is going to tariff Brazilian and Argentinian steel imports, at least that was excuse number 1; excuse number 2 followed with another disappointing manufacturing ISM print.

Please, Keep Working That Noggin!

This one's off-topic, although long-time clients (friends) and I do have personal conversations about lifestyle, longevity, cognitive stamina, and so on, as they approach, and enter, retirement.

Charts of the Day: Preserving Your Wealth

If, being our client, you're remotely concerned about being hedged (muting gains) as the market continues to melt higher, the following might have you feeling comforted, given the risks as we presently see them.

You're In Good Company!

A friend intimated to me last week that the sound of my blogs of late make it seem like the bottom (of the stock market) is going to fall out any minute, or words to that effect.