bullish
TPW Advisory Friday Musings: It's In Da Price
SUMMARY
- Given the ever-thicker curtain of FUD (Fear, Uncertainty & Doubt) and the swirling cross currents of economic data here in the US and elsewhere we continue to lean on the markets themselves to tell us what’s happening – the old adage of: let the market tell us rather than we try to tell the market what’s happening.
- We think the stock market in particular is telling us quite a bit these days, information that can be boiled down to the vernacular saying that we choose for today’s Musings: it’s in da price.
- Today’s title came to me after yesterday’s close when I checked to see how the US regional banks had fared, using KRE as my proxy.
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