The Morning Call---early

 

The Morning Call

 

4/28/21

 

I am on the road early tomorrow morning. 

         

    Technical

 

            Tuesday in the charts.

            https://www.zerohedge.com/markets/ether-hits-record-highs-bonds-big-tech-bullion-sink-ahead-fed

 

            Freaky markets (must read).

            https://www.zerohedge.com/markets/freaky-markets

           

    Fundamental

 

       Headlines

 

              The Economy

 

                        US

 

                          April consumer confidence came in at 121.7 versus expectations off 113.0.

                          https://www.advisorperspectives.com/dshort/updates/2021/04/27/consumer-confidence-highest-since-february-2020

 

The April Richmond Fed manufacturing index was reported at 17, the same as in March.

                          https://www.advisorperspectives.com/dshort/updates/2021/04/27/richmond-fed-manufacturing-improvement-in-april

 

                        International

 

                        Other

                       

                          Q1 homeownership rate.

                          https://www.advisorperspectives.com/dshort/updates/2021/04/27/home-ownership-rate-65-6-in-q1-2021

 

                              February real home prices and the price to rent ratio.

                          https://www.calculatedriskblog.com/2021/04/real-house-prices-and-price-to-rent.html

 

                The Fed

 

              They’re guessing.

              https://www.zerohedge.com/markets/theyre-guessing-bond-king-gundlach-rejects-feds-inflation-transitory-narrative

                                

            Inflation

 

              More signs of inflation.

                            https://www.bloomberg.com/news/articles/2021-04-27/u-s-companies-bump-up-prices-on-supply-squeeze-and-demand-boom?srnd=premium&sref=loFkkPMQ

 

              Biden raises minimum wage for federal contractors.

              https://www.reuters.com/world/us/biden-raises-minimum-wage-federal-contractors-15hr-2021-04-27/

 

              Cheese futures skyrocket.

              https://www.ft.com/content/03f3eb4f-d794-4717-b421-a8f97c04c276

 

              Supply chains implode as price doesn’t matter any more.

              https://www.zerohedge.com/markets/its-about-get-much-worse-supply-chains-implode-price-doesnt-even-matter-anymore

 

            Biden’s Plan

 

              Capital gains nonsense.

              https://www.econlib.org/capital-gains-nonsense/

 

              Barry Ritholtz on the capital gains tax proposal.

              https://ritholtz.com/2021/04/top-1-tax/

 

    News on Stocks in Our Portfolios

 

 

What I am reading today

 

            Quote of the day.

            https://cafehayek.com/2021/04/bonus-quotation-of-the-day-636.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+CafeHayek+%28Cafe+Hayek%29

 

 

Visit Investing for Survival’s website (http://investingforsurvival.com/home) to learn more about our Investment Strategy, Prices Disciplines and Subscriber Service.