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5.16.2019 - Insider Bookmark

5.16.2019

So, the futures are big and green this morning. Why is anyone's guess. Global markets are running around like the proverbial chickens without heads, ducking and jumping over every perceived good or bad. 

Take Walmart's earnings report this morning. They beat the estimates, but revenues fell. Then they jawboned about comp sales rising, yet if you look closely, it wasn't more people buying more stuff, it was the same people buying higher priced items. That's called inflation, but hey, Uncle Sam says there isn't any. 

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