Market On Open, Friday 23 August
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Blowout Or Fizzle Yield?
by Alex King
Well, in case you’ve been (a) living under a rock or (b) have things to do that don’t involve stock charts, you may not know that the Emperor Powell speaketh today beneath the big sky. The Fed is in a tough spot as any fule kno. Inflation by any sensible measure has been well beaten and yet rates remain stuck at this high-for-recent-times level after the most aggressive rate rise cycle in history. (Which was probably necessary in response to the biggest inflationary stimulus in history). Rates need to be cut to keep the real economy in balance. Too quick a cut and the r-word will rear its head in common parlance; too slow a cut and the r- word may actually rear its head for real. Not easy.
Now our purpose here is not to pontificate on monetary policy; we don’t care. We just care about tracking price and trying to follow it faithfully in order to make the good money, in markets up, down or sideways. Read on!
Inner Circle Price Rises
Our top-tier Inner Circle service will see material price rises on 1 October, to bring the pricing closer to other professional-grade services. New joiners today will pay just $2,999/yr or $399/mo, or a one-time $9,999 for 6yrs. On 1 October those prices rise to $4,999/yr, $699/mo or a one-time $19,999 for 6yrs. Once you sign up, your price doesn’t rise as long as you remain a subscriber. Join today!