DHUnplugged #658: No Limits

National Debt – Which way is it moving?  Cough Syrup risk – toxic supply alert… Fed paused or skipped in last week’s meeting – what that really means.<br /> New Things – from the screen to your table (New meaning for Binge)   PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? <br /> <br /> <br /> Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Check out ccpstats.com Warm Up<br /> - National Debt - Which way is it moving?<br /> - Booming business - converting ICE to EV<br /> - Cough Syrup risk - toxic supply<br /> - Fed paused or skipped in last week's meeting<br /> - New Things - from the screen to your table (New meaning for Binge)<br /> - Happy belayed Juneteenth<br /> Market Update<br /> - Bulls are in control - half full<br /> - Fed says more hikes to come - no one believes them<br /> - ECB raises rates again - even as Eurozone slips into recession<br /> - Economic point to downside risk<br /> - China stimulus on the way NO SHOW NEXT WEEK - Cruising the Abacos (Bahamas)<br /> --- Assuming Tropical storm does not kick up<br /> Fed Meeting<br /> - Looked like a hawkish call<br /> - Unanimous decision to hold this meeting<br /> - Powell talked up future rate hikes and changed outlook to include 2 more @0.25%<br /> - Markets are not buying it..<br /> --- Initial rates came up then they came in a bit, equity markets moved in similar fashion<br /> - What this is telling you is that markets feel that higher rates impacting the economy is fake news<br /> ----- BUT, if so, Powell will be even more aggressive Fed Follow Up<br /> - Last week, S&P 500 reaches highest in 14 months.<br /> - Led by the Mega-c