Duh! Options only showed a 2.50 decline on the $spy for today.
So no, we didn’t see a doom and gloom.
Why do people even watch business news?
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Sure, but speaking of a "business cycle" misses the key. Fiscal policy just doesn't matter like it used to, and nor does the classic growth, maturation, and deceleration cycle of business. Businesses and asset prices now ride on a credit cycle. The Fed is the only game in town.
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Market signs are there , farmers going to be hit hard in coming months , bigly loss of markets no place for crops to go , creating over supply and drop in commodity price and banks getting nervous to extend credit .
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