nancy pelosi sold $1 million in apple stock... probably nothing, right?
Meanwhile, I'm traveling to Baltimore today, and I have to stress the fact that this city is a failure of local leadership and oversight.
As always, you can download the PDF… or just read my insight below.
Thursday, June 8, 2023
Dear Old Friend,
The Florida Republic is a state of mind. But it’s also a reminder that people don’t have to live the way they do in pockets of America.
In the last 48 hours, I’ve traveled from the third-safest city in the world (Zurich, Switzerland) to the 17th most dangerous. That’s something worth discussing…
But first. Here’s what you need to know today about the markets… and the key stocks to watch based on this massive market rotation underway…
Here Comes the Bulls-h… (Look at This Chart)
Two weeks ago, the markets fluttered on concerns about the debt ceiling crisis. While all eyes remain on Janet Yellen’s “artificial” interest rate pending due to the Treasury General Account expansion… the bullish analysts are back.
The S&P 500 is up about 20% from the October low – which was the bottom for this market. The multiple pivots among central banks at the time and the sharp uptick in insider buying sup…
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