ACYWillllllll
ACYWillllllll Jul 08, 2021 at 02:16



Should it be of concern; that the Federal Reserve consistently highlights problems and weaknesses still persisting in the economy, that progress is being made, but we are not there yet, while the stock market is pricing an economy already 30% larger than it currently is?
Indeed means the Fed will be late, very late, in responding to sustained high inflation. The Fed will therefore begin a rate hiking cycle, that will turn out to be far more 'aggressive and sustained' than it otherwise would

The problem here, is that a handful of tech information stocks have really been driving the indices higher. While the majority of companies stock prices are now consolidating, rather than trending higher. In a way then, the less than it was US economy reality, is beginning to be priced in. Outside of the core tech information and global brand world.
That stocks, like Apple, continue to trend higher, can be supported on the basis that their reach across all forms of information, data, communications and media is indeed profound and global. What is the real value for a company where nearly half the world's population may one day turn to it, for virtually every aspect of their lives.

There is actually a very powerful investment message for all of us today in this divergent world. Picking and understanding individual stock stories will again become by far the most successful strategy. For the past one to two decades, it really has been about the coherent macro picture. Getting the macro-economic picture right, got the overall stock market, indices, right.
- Today`s analysis from Chief Economist