Let's see if I can make it 3 for 3.
It's not as if I enjoy being correct on these macro calls, and you skilled traders can and should care less, but for swing and intermediate term traders/investors, we're going to revisit the 08 lows very soon, and then break them.
When? Soon. March or maybe April.
You can not and will not ever have a sustainable equity market rise with this much uncertainty concerning future employment, cap ex, industrial orders and scared-shitless consumers (and on a global scale).
Money stopping circulating, regardless of how much is being printed, is what causes wrenching economic dislocations.
And businesses, and most importantly,consumers just ain't and won't be buying.
Good luck and stay safe.
It's not as if I enjoy being correct on these macro calls, and you skilled traders can and should care less, but for swing and intermediate term traders/investors, we're going to revisit the 08 lows very soon, and then break them.
When? Soon. March or maybe April.
You can not and will not ever have a sustainable equity market rise with this much uncertainty concerning future employment, cap ex, industrial orders and scared-shitless consumers (and on a global scale).
Money stopping circulating, regardless of how much is being printed, is what causes wrenching economic dislocations.
And businesses, and most importantly,consumers just ain't and won't be buying.
Good luck and stay safe.