Bull Run at Critical Point in Time
- The Contrarian

- Jan 29, 2023
- 1 min read
Updated: Feb 5, 2023
January 29 2023
Weekly Column with The Contrarian
Hello Community,
Risk Assets have had a nice run since December 7th 2022. NASDAQ up 8% since 2023. Meta and Tesla + 50%. Bitcoin +$10,000.00, Ethereum +$500.00. Commodities prices have been consolidating at the midpoint in a bullish trend. China"s reopening will be the catalyst needed for the next leg higher.
Interest Rates are expected to rise .25% on Wednesday after the FOMC meet. This would bring the Fed Funds Rate to 4.5. Friday's Unemployment ( 8:30est.) will keep the Fed. on their toes. There will be more Corporate earnings throughout the week. Risk Assets have had a major move higher without much of a correction. The Vix or Volatility Index, is at 18.51. This index is near 52 week lows. of 17.97. Historic lows are near16. Average should be up near 25.50. After this week everyone will know what the rest of 2023 will look like.
On MarketWatch.com you can find Upcoming Major U.S. Economic Reports. https://www.marketwatch.com/economy-politics/calendar?mod=economy-politics
Stay tuned!
MY Vision;
Capitalism - free enterprise. hard work, limited governance, prosperity. military dominance, Freedom of Speech.
Communist - authoritative, enterprise, military dominance. No Freedom of speech.
My vision comes down to 2 WORLDS - Free Speech or No Speech
Stay tuned for another My Vision
Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.


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