Me and the Money Printer

Me and the Money Printer

Share this post

Me and the Money Printer
Me and the Money Printer
Postcards: A Bad Sign for the Market

Postcards: A Bad Sign for the Market

The most important players at public companies are sellers... not buyers... and the trend is the worst in three years.

Garrett Baldwin's avatar
Garrett Baldwin
Jun 05, 2024
∙ Paid
11

Share this post

Me and the Money Printer
Me and the Money Printer
Postcards: A Bad Sign for the Market
Share

Market Update: Energy is getting hammered and tech is continuing its momentum trend. But the S&P 500 is at a new all-time record, and momentum is again positive. That may not last very long. Let’s see how the market reacts to the May jobs report… Oil’s back at $75, which is where I prefer to invest… but there’s a long road ahead with OPEC bringing back its production in the second half of the year.

Dear Fellow Expat:

With apologies to readers.

A small fender bender threw me off Tuesday afternoon, and I’ve been trying to get that addressed. Of course, someone banged into the back of my car on the first day after closing.

At least it wasn’t serious.

I’ve returned to my home this afternoon in a wave of wet weather.

I supposed the humidity, and the rain followed us north.

My daughter is currently trying to braid a doll's hair—she is learning that process—and it’s not going well.

She has her father’s short temper over things that don’t matter.

It’s never the big things that bother me…

It’s a…

Keep reading with a 7-day free trial

Subscribe to Me and the Money Printer to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Garrett Baldwin
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share