You probably saw the title of this article and assumed I was talking about the bull market, and that may be the case too, but it’s actually in reference to my weekly market analysis provided through Sigma Point Capital. Today will be the last article that goes out, at least for a while. I’m sure this comes as a big surprise, and you probably have many questions, so please allow me to explain.
As you’ve noticed, the website is back up and running. My apologies for last week’s delay, our SSL certificate had expired and getting it renewed turned out to be a bit more complicated than expected. We’re all set now, so let’s dive right in and get caught up on the latest market action.
The last five economic recessions were all preceded by a spike in crude oil prices. Does that mean we should worry about yesterday’s historic jump in the price of oil? In a word, no.
I want to start off today with a chart that shows exactly why you shouldn’t trust most economists – at least those with ulterior motives. This chart also helps demonstrate the importance of crowd psychology across both the financial markets and the broader economy.
It’s September, and guess what that means? New Tariffs! Woohoo!
What, you’re not excited about more tariffs? You don’t want to pay more for goods and see a further dampening effect on economic growth? You actually want the economy to keep growing? Well, too bad for you.