Lots to Think About When it Come to the Markets Over this Upcoming Long Weekend
How will the reopening of the Strait...and a more hawkish Fed...impact the markets?
Announcement: Mark your calendar! The “Maley Report Live” will be open to anyone and everyone for our next edition…on Monday at noon, June 22nd! (If you are receiving this piece today, you will also get an invitation email sent to you at noon on Monday.)…......Given this week’s new developments on the geopolitical front…as well as with the Fed…we will be talk about why they should have a profound impact on the markets. Therefore, we’ll be discussing how to best profit from these changes in the second half of this year.
Chairman Warsh’s press conference was more hawkish than expected…and it created the worst day for the stock market (in terms of the “internals” in several months). However, the signing of the deal that will reopen the Strait of Hormuz has the stock market bouncing back nicely this morning……Today could/should be a quiet one for the markets, but next week should be very important…after investors get the long weekend to decipher what this week’s new developments mean for the economy and the markets.
