Friday in the *Money* Lab
Although much over-hype accompanied the coronation of Joe-To-Save-Us this week, the stock futures were becoming skeptical by early Friday. With good reason. Some of the tech sector high-flyers – like Tesla – were showing down 1.3 percent in the pre-opening. And worst of all, the Federal Reserve Money Stocks confessional (H.6) could be seen as indicating this whole market is overpriced by at least 25% – and maybe more like 35%. Back out inflation of …