05/02 Indices, page-72

"Resilient Economy" is the correct phrase. The US Economy just keeps on keeping on.

In that interview of Jerome Powel I posted, he said there maybe some Regional Bank collapses due to the Commercial Property Market problems, "but nothing unmanageable". Regional Banks took a hit last night as did some Property related Industries (eg Tools and Hardware).

Significant drop in Volume on the Qs. SPX looks OK. Yields still a bit high after Wednesday's rise.

I don't see alot of Alarm Bells, but the fact its record highs with Interest Rate cuts being delayed, the only people buying at the moment are some people with some very good Economic data indicating that the Economy is going to keep on keeping on, which none of us would probably know.

IMO.





But I always defer to @Thejerry01