Markets: Pockets of value in the time of ‘partisans and demagogues’

The positives of ’Logistics on a steroid comedown’ – the post-Covid sequel to ’Logistics on steroids’ on Premium’s screen – now clearly offset any negatives, even during a trading session that in the US yesterday was bbbbbaaaaaaad. We enjoyed our fair share of glory in T&L. Didn’t we? Short-lived?

Of course, the day after is all about* Fed Chair Jerome Powell’s remarks, partisans and demagogues because, in the Heisenberg Report’s wording: “If you’ve seen one day of congressional testimony from Jerome Powell, you’ve …