Independent thinking for complex markets and current events
DEVELOPING: Seattle mayor-elect Katie Wilson is going viral after announcing her wants: Wilson: “I want everyone… to have a roof over their head. I want universal child care, free K-8 summer care… I want social housing, I want much more land and wealth to be stewarded by communities instead of corporations…” I'm sure she has …
BUY THE DIP AFTER MOODY’S DOWNGRADE: MORGAN STANLEY’S WILSON Morgan Stanley’s Michael Wilson sees the recent U.S. stock selloff after Moody’s credit downgrade as a buying opportunity, driven more by interest rate fears than fundamentals. He notes that Moody’s is the last major agency to downgrade U.S. debt—following moves that began back in 2011. Rising …
NEW: ‘The Office’ star Rainn Wilson claps back after MSNBC’s Stephanie Ruhle claims Elon Musk and Donald Trump are responsible for the public distrust of the mainstream media. Wilson: “40% of Americans don’t trust mainstream media. Why is that? How did we get here?” Ruhle: “Trump won and tons of people were shocked or angry …
by VotedOut Three different U.S. stock market valuation models (the Buffett Indicator, CAPE ratio, and Mean Reversion Model – three different ways of objectively looking at the overall valuation of the current market) are flashing extreme overvaluation warning signs that were both last seen in 2000 and 2021. Both 2000 and 2021 marked market euphoria …
Morgan Stanley's Mike Wilson says "we are seeing a breakdown again in a lot of the stock market" pic.twitter.com/hEKNDO31rk — Win Smart, CFA (@WinfieldSmart) September 26, 2023 $spx. We can see where it closes, but it looks to me like the neckline is broken on the #SP500 pic.twitter.com/UjfPujcYdW — Michael J. Kramer (@MichaelMOTTCM) September 26, …