US Fed minutes show support for half-point hikes in June, July
GE and Boeing Stock Trades Might Be Signs of Market Capitulation
Monday was a terrible day for stocks. The last few days have been dreadful. With markets reeling, investors might want to look for signs of capitulation.
Capitulation correlates with a “sell everything” mentality. Essentially, it’s when the narrative changes on Wall Street. The current narrative these days might be that the economy is strong, and will remain so, despite higher than average inflation. A new narrative that is battling for investor head space is that a recession is inevitable, and that stagflation is descending…