A strong day for the stock market, Trump’s campaign and $DTJ

Posted By on March 27, 2024

Amazing day for the stock market again. It looks like more high inflation and that this kind of strong market confidence may push off Fed rate cuts until inflation drops closer to 2%, unemployment begins to rise or the entire economy hits the skids.

Dow close 240327 Rubber band - Abs Of Malice

On the other hand, this  irrational exuberance looking excitement (Crypto,Kennedy and Shannahan $RDDT, $DJT, etc) has me remembering a few of those strong run-ups in the past and what eventually happened. Gulp!

It is also looking more and more like the Robert F. Kennedy Jr.’s third party campaign for president in November 2024 might be helping Donald Trump … not to mention Trump’s net worth rising. 

DJT - close 240327

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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