Bulls Romp in the Morning, Bears Roar in the Afternoon
The stock market has become a casino where the dealer has suddenly become a joker
Highlights
The intraday action is eerily reminiscent of previous bear markets
Cautious households pull back on discretionary spending…
… as revolving consumer credit contracts for the second time in three months
Labor demand is shrinking at an alarming rate
Keep reading with a 7-day free trial
Subscribe to Early Morning with Dave to keep reading this post and get 7 days of free access to the full post archives.