Frankly this relentless rally is getting ridiculous. But who are we to complain? We didn’t just happen to nail what I would deem a picture perfect entry but thus far have managed to ride this advance like Jess Lockwood on steroids. Yeeeehaaaaa!!! These are the types of campaigns dreams (and fortunes) are made of and I hope you were wise enough to hop on the bull two weeks ago when I posted this entry.
Once again I am seeing a lot of bad comedy trickling out of the Federal Reserve, and in particular preceding FOMC rate decisions or announcements. A salient example scrolled across my twitter feed just moments ago with Jeff Lacker allegedly having stated that the Fed should raise rates sooner rather than later. Apparently Mr. Lacker is once again engaging in the verbal equivalent of smashing pumpkins, given that chairwoman Janet Yellen is scheduled to speak today as well as tomorrow and will most certainly continue the FOMC’s dovish course. In particular as President Trump has continuously highlighted a strong belief in a weaker Dollar.
As this trading week gradually draws to its end may I just pause for a moment and proclaim that I am pretty damn pleased with myself. And so should you incidentally, assuming you had the good sense to be trailing at least some of our campaigns over the past week. If you happen to be a subscriber in particular, and have been paying attention, then your account should be flashing solidly green this morning. Which incidentally should easily compensate you for another year of Evil Speculator goodness. Although that may be contradictory in theory we continue to make it work somehow. And why change when you’ve got a good thing going?
Being a financial blogger is a double edged sword. Sometimes I sit down to write a post and the words literally stream out of me, I’m barely able to fit it all into one post. Of course you immediately know when you wrote a good one and participation usually mirrors your own energy. As such what you put into it is what you get out, it’s a two way street.