September 29, 2023 It’s definitely been a rough September. Watching your portfolio bleed red every day isn’t a pleasant experience. So I recommend you don’t stare at it all day every day. Downdrafts in the market are totally normal. Painful but normal. The reason for the pause in the current rally is probably attributable to …
September 22, 2023 It was months in the making… “I don’t want to strike, but I will. I will absolutely. Whatever it takes to get what we need and what we deserve.”– Daniel “Chris” Wells, Stellantis employee and UAW member. UAW President Shawn Fain… The union’s goal is not to strike, but that it will …
The Rippling Consequences of Big Labor’s Actions Read More »
September 15, 2023 Stocks have been pretty directionless since the nasty month of August. I’ve mentioned before, September can be just as nasty. And so far it hasn’t disappointed. But once the summer lull is over and traders get back to their desks, what can we expect in the coming months? Are there forces lurking …
Three Stubborn Realities That Still Pose a Threat to the Market Read More »
September 8, 2023 We’ve said it here before here at Streetlight Confidential… The only results the government has ever been able to deliver regularly, reliably and without fail… are unintended consequences. Except maybe one… In 1961 JFK told Congress the US “should commit itself to achieving the goal, before this decade is out, of landing …
August 25, 2023 It was a banner week in the news! India landed on the moon! India parked an unmanned probe, equipped with a lunar rover, on the south pole of the moon. (This came just days after a Russian attempt crashed and burned… or whatever crashing spacecraft do in space.) The mission is to …
Inflation’s Big Comeback: The Only Thing Keeping It in Check is About to Give Way Read More »
August 18, 2023 The key is getting people to look the wrong way. In the world of magic it’s called “misdirection.” Misdirection is the subtle art that cleverly diverts the audience’s attention, leaving them utterly enchanted, baffled, and awestruck all at once. (Maybe that’s why many magicians have a “lovely assistant”…) Magic illusions aren’t really …
Exposing the Illusion: Are Ratings Agencies Spoiling the Show? Read More »
August 11, 2023 If you’ve seen any of the films in the John Wick franchise, you’ve undoubtedly noticed something very different about the world that “Baba Yaga” inhabits. This world-within-a-world has a unique economy that centers around the “members-only” Continental Hotels. Everything at or related to Continental business costs… one gold coin. A bourbon at …
July 28, 2023 Music Groups have been packing stadiums for decades. From the Beatles farewell concert at Shea Stadium to Bruce Springsteen… well… anywhere. But none have ever been deemed an economic force of nature. Until now… The Federal Reserve’s Beige Book is published eight times a year — before each Fed meeting. It contains data …
July 21, 2023 Strange question coming up, but bear with me… What are the odds of something happening in the past? Pretty good, wouldn’t you agree? I’m joking, of course. Hindsight is the perfect knowledge of the result of some action. And it’s always 20/20. The problem is, no knowledge is ever perfect — even …
July 7, 2023 I thought I’d do things a little differently this week and start with the Postscript… Sadly, this will be my last post as Editor of Streetlight Confidential. We’ve made some changes here at the Streetlight Group and for now my energies will need to be focused on some other projects. I’ll be …
