Risk-taking Spiked Following the Last Round of Virus Relief Checks, It Will Again
#risk #stocks #relief #virus
"We have no doubt that some of the nearly $2-T in virus aid/relief/stimulus Mr. Biden is seeking from Congress will end up being spent stocks"-- Paul Ebeling
The data show that risk-taking spiked following the last round of China Virus aid/relief checks.
Mr. Biden’s economic-recovery plan will likely drive the benchmark US stock market indexes, especially the techs and small-caps, North marking continuous record highs along the way.
Fed Chairman Powell says, and this is current, that the Fed can cushion/reverse any decline with bond-buying that pumps more liquidity into financial markets, and is standing by to do so.
There is a long standing Wall Street adage that warns, "Never fade the Fed."
The Trump economy is revving, and there is really nothing Mr. Biden can do to hobble it for some time to come. So as long as the momentum is strong and the trend is North, "take what the market gives" and hedge the risk.
The perma-bears have been hammered for yrs and continue to be hammered. But they will have their frame, just not now.
American capitalism is a spectacular success and the American consumer is very resilient.
Have a healthy weekend, Keep the Faith!
The Problem Is Not the Problem
People treat the Jack Sparrow line as a joke. The attribution is a joke. The sentence is not. Forty years in markets says the same thing Epictetus said in 125 CE and Robert Merton named in 1948: the event is finite, and the story you appoint to govern it is not. This essay walks the quote back to its actual sources, draws the loop that turns a feeling into an order, and sets out the four places a rule written in advance cuts the loop. Faith is not a hedge. It is a stance.
Is the Iran War Back?
US Central Command struck Iran on June 26, nine days after a peace memorandum, after an alleged drone attack on shipping in the Strait of Hormuz. What it means for gold, Bitcoin, the defense complex — Palantir, Lockheed, RTX — and why the return of QE matters more than the bombs.
Larry Fink Called It. CME Just Made It Real. The Compute Futures Market Has Arrived
The Quantum-AI Convergence Is Real. The Quantum Stocks Aren't the Trade.
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.