Four Most Interesting Stocks Today -- May 20, 2024

Locator: 47139INV. Link here.

Commentary:

When I look at the charts below and the US equity market in the past two months, these thoughts cross my mind:

• no Fed rate cut -- and yet, the market keeps moving higher (at least some sectors)
  
• some think as many as three cuts yet this year
• some think one cut this year
• some even think of a rate rise before the year is out
• the Fed
• some think JPow's recent comments have been  hawkish
  
• some think JPow's recent comments have been dovish 
• for me, it's clear where JPow stands
  
• inflation -- the way the "big boys" measure inflation, inflation remains sticky
• "inflation remains sticky" has become a meme; it's completely inaccurate
  
• inflation: is it due to --
• typical business cycle?
• supply chain issues?
• fiscal / monetary policy?
  
• my favorite chart: assets in MMFs have decreased month-over-month for the two most recent consecutive months; where is that money going; only two spots
• retail spending
• investing
• what else is there?
  
• AI revolution: real or hyped?
• earnings have surprised almost everyone
• earnings grew into P/Es
• Goldilocks economy: investors / savers both benefiting
• Presidential election year
• price of oil / gasoline
• some think the world is awash in oil
• others think the SPR drawdown is a real concern
• I know longer care about the SPR, but it doesn't matter; it's all MOJO
  
• demographics: intergenerational transfer of wealth
• my favorite data point 
• it's all about RMDs, from tax-deferred retirement accounts to market in general
  

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The Screenshots

Disclaimer Briefly 

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.

See disclaimer. This is not an investment site.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.  

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.