What the heck is House Speaker Nancy Pelosi doing with this Taiwan trip?!
That was the first thing we discussed on this week’s edition of The Big Picture With Jeff & Roger, our new macroeconomics chat. And it was quite the discussion because both Senior Strategist Roger Scott and I can’t wrap our heads around what she’s doing over there.
First… No, I don’t think this is going to start World War III. But Pelosi’s Taiwan trip — the highest elected U.S. official to visit in more than 25 years — makes little to no sense.
And it’s not just us who can’t figure out what she’s doing, but also the market. Is there a plot? Is there a theme? Do they know what they’re doing?
That’s just the tip of the iceberg because Pelosi’s husband is a big-time stock trader… and what is Taiwan famous for?
It’s time to take a look back at one of my greatest hits of 2022 so far, and a look ahead to what’s next after the company formerly known as Facebook reports second-quarter earnings.
I want to share a special flash trading session we did live on Thursday because there’s a lot to talk about in regard to the markets, especially from a macro perspective.
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