ANATOMY OF THE COMING MARKET DECLINE: FRENZY, FEAR, FIZZLE, AND FALL

Stock market prognostication is something I typically highly recommend against doing, yet I do so below. Why? First, because I perceive an unusually high level of risk in today’s equity markets. This is based on the inconsistency between today’s stock market valuations on the one hand and on the other hand today’s depressed economic environment …

Forget FAANG Stocks, Watch FAACT State Infection Rates For The Direction Of Equity Markets

FAACT State (FL, AZ, AL, CA, TX) infection rates have nearly tripled since reopening. If businesses are forced to suspend or severely curtail operations again, that would be devastating fore the economy. Watch the FAACT state infection rate for clues to the direction of equity markets. Forget FAANG Stocks, Watch FAACT State Infection Rates for …