Wall Street’s delusions persist because their “analysts” keep insisting they know the inner workings of Fed Chairman Jay Powell’s mind, and therefore their optimistic predictions of a return to a bull market are perfectly rational and justifiable.
Lol. Oh, I do. I was an IA and worked in the industry for 10 years. I've just been out of the game for 16 years now. Royal Bank of Canada alum here. Now I make wisecracks on substack.
Never get high on your own supply.
Clearly you just don't understand modern finance! :P
Lol. Oh, I do. I was an IA and worked in the industry for 10 years. I've just been out of the game for 16 years now. Royal Bank of Canada alum here. Now I make wisecracks on substack.
Myself, I'm a recovering Cost Accountant (was that before I moved into Voice and Data Network Engineering).
Which is the primary reason I keep wondering what in the Hell these Wall Street "experts" are thinking!
With an excellent grasp and knowledge of history.