Kicky : ist das d. Grund für d.surreale Benehmen d.Marktes
"....So courtesy of Bear Traps report Larry McDonald, here is one attempt at explaining why stocks are suddenly looking quite a bit gappy, and it has to do with the Fed finally pulling some of the punch bowl away::
We think the Fed sends a shot over the bow very soon. Our social justice, inequality embarrassed Fed is not happy. The will not taper but they can make serious threats to risk takers. We have an explosion of SPAC / IPO issuance, $850B of margin debt or 75% above 2015 levels, the most shorted equities up 75% vs. 16% for the S&P 500 since October (bulls running over bears), record high call vs. put volume with the little guy leading the charge SELL Mortimer Sell. The risk reward is atrocious from a long perspective in U.S. equities.
As support for $15 minimum wage gains momentum, Main Street fears it?s not the right time
President Joe Biden is proposing raising the federal minimum wage to $15 an hour.
The federal minimum wage has been stagnant at $7.25 an hour since 2009.
Small business advocacy groups are warning the move could slow an already challenging economic recovery, while workers? rights groups say it?s long past-due for a raise.