Wheel of Fortune, the NFL and Mr Market: More late week downers

WASHINGTON – “Round and round and round she goes. And where she stops, nobody knows!” Anyone remember that familiar carnival barker’s pitch? Spin the wheel of fortune and win a prize! Except after a lot of spins, you somehow never managed to win a prize. Bad luck? No, you’d figure. The game is rigged. Same thing with NFL football. Tune in for a game, get another unwanted sermon on wokeness. Bad luck again? Meanwhile, traders and investors are beginning to wonder the same thing this week about Mr Market. Are the stock and bond markets rigged, too?Sure seems like it. After the recent big-tech do…

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HEDGE accordingly