Home 2022 Commentary: Paul Ebeling on Wall Street and Beyond 

Commentary: Paul Ebeling on Wall Street and Beyond 

509
0

#PaulEbeling #WallStreet #Fed #SP500 #earnings #investors #blockchain #bitcoin #ether #stablecoin #options #Bulls #cryptocurrencies #crypto #DeFi #NFTS #US #EU #GDP #recession #Trumpism #politics #GOP

$SPY $DIA $QQQ $RUT $JPM $VXX $USD $BTCUSD $KNIGHTSUSD #CROWNSUSD

“The Fed issued guidance for banks working with crypto firms. The notice says banks must notify the Fed before engaging in any new crypto-related business, similar to warnings the FDIC and OCC have sent the banks they oversee. Traditional banks working with crypto firms are coming under greater scrutiny”–Paul Ebeling

Politics

Trumpism is a term for the political ideologies, social emotions, style of governance, political movement, and set of mechanisms for acquiring and keeping control of power associated with Donald Trump and his political base. This weeks primaries told us it is very much alive in our nation. Also, Mr. Biden is appearing very feeble everywhere we see him.

VirusCasedemic

CDC Says Quarantine After Covid Exposure No Longer Necessary as US Pandemic Revamp Raises Worry of ‘More Cooks in the Kitchen’

US Economy

  • There’s no real consensus on whether a recession is likely over the next 12 months, with economists and CEOs holding various differing opinions. It is not showing up in our work.
  • Regardless of the state of the economy over the next 12 months, there are investments that will outperform, and that will underperform. do not try ti pick stocks, ETFs are the way for retail participants.
  • As a retail investor, there are actions you can take to manage this risk, you can engage a manager.

Stocks

The stock market went on a tear. The S&P 500 handed investors an 18.40% return in Y 2020 and followed this up with 28.71% in Y 2021. And has been consolidating that move, setting up for the next leg North to all time highs.

On the Crypto front

After the severe crash, consolidation is the next phase for crypto. Strong players like FTX, Ripple and Binance are looking to pick off flailing competitors in M&A deals that have suddenly become dramatically more affordable. But the crypto crash is also revealing which players have questionably wobbly businesses. Merger deals in this environment can be tricky, even messy.

Downturns mean great deals. The crash wiped out roughly $2-T in value and caused the collapse of major crypto players like Terraform Labs, Three Arrows Capital, Celsius and Voyager Digital. It seems like a perfect time to go shopping.

Note: We have established that the economy and stock market do not always march in step in the short term. Given that the stock market is choppy now, does not mean the economy is, too. Stay tuned…

Have a prosperous week, Keep the Faith!

Previous articleWednesday in Monterey
Next article“Demand Shock” Coming for Bitcoin As Institutions Are Taking Keen Notice
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.