Saturday Morning thoughts…

Yesterday we saw a bit of AI adjustment. That is good, Larry Ellison is the armpit of the nation. But the fact remains that Wall Street believes the tax cut, less regulation, Powell talking about increasing productivity story, and that that will lead to a strong 2026. That is why we are seeing a broadening out of the markets.

Of course, the market will need to deal this week with some negative employment numbers. And, the stench of government deficits and increasing inequality will continue to hang over the markets