Bulls Say ”Welcome to Paradise” - TMSpotlight by Les Parker

07-22-2024 Bulls Say "Welcome to Paradise"

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Dear Powell, Can you hear Jobs whining? It's been three whole years since inflation felt your hold.

Despite declining volatility, the new bullish trend remains solid. News continues to affirm that two rate cuts make long-term rates happier three.

According to the BofA Global Fund Manager Survey, geopolitical conflict is the biggest tail risk at 26%, replacing inflation that fell to 22% from 36% in May. Additionally, recession risk rose to 18%. So, it is no surprise that the uber-smart Fed wants to take tiny rate drops.

Welcome To Paradise.

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Song: Welcome To Paradise (1994) Green Day

https://www.youtube.com/watch?v=P0bHAyGhxE8