Thursday, July 30, 2026

For What It's Worth...


© 2026


Some of the narratives created on Wednesday don’t meet logic tests.  They sound plausible but they don’t offer supporting facts, just opinions.  In evaluation of information we ask, "is there vague or ambiguous language?"  An analytical mind would say, "show me the evidence."  

You can decide for yourself, but Wednesday’s post-FOMC narratives don’t make sense.  Price action seemed to be market maker induced effects of the microstructure process not the alleged fears being described.  FWIW



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1 comment:

Dave Johnson said...

If Wednesday's media narratives were accurate, you should ask/answer why did the market reverse...because the narratives were balderdash...those writing them either couldn't discern signal from noise or they choose to amplify noise...You can figure it it out.