Archive for October 22nd, 2023

Posted by Martin October 22, 2023

Market action and economic data not aligned.

The market was declining last week but none of the selling was aligned with economic data. Economy is clearly strong. Labor market is strong. And the consumer’s sentiment is improving. Unfortunately, in today’s market, this is negative. Good news is bad news. Investors simply ignore that the inflation as transitory after all and it will Continue reading →