Extended, Brief Market Comments.

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Another market comment before I leave for a week of R&R at Litchfield Beach with our old buddies from our Atlanta Days.

Market sentiment remains stressed and negative but certain sectors like food, health, and energy remain positive. Earnings overall are decent,  the consumer is not stretched and capital is available so we just have to wade through this rough patch for a few more months and the picture should be clearer. 

Whether it will be brighter or darker remains to be seen. We still have a war going on, inflation is probably rounding but remains high, we have another log on the fire in the form of baby formula and the administration continues to lay blame wherever they can.

It should be obvious, Biden is totally incompetent and the market forces have to be reflecting some of that as well.

Memos, that I have already written, will continue to appear but I will not be adding to them because I am going to be reading Atty Gen Barr's lengthy book, walking with my "johnny" walker, exercising and sitting out on the porch getting cancer from the sun.

Have a great week, stay well, be safe. Me

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