IMPORTANT UPDATES: LEADING ECONOMIC INDICATORS COLLAPSE AGAIN! US DEBT SKYROCKETS. Mannarino
From Greg M
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LINK TO THE MMRI (Mannarino Market Risk Indicator). Click https://traderschoice.net/about-traders-choice
Historically, a collapsing MMRI isn’t always a good sign for the stock market. In fact, a collapsing MMRI usually signals that a new crisis is about to unfold, because it is showing us that the FED is “preparing” for a worst case scenario in advance. A rapidly rising MMRI impacts the Market by the pace at which it rises, and the same theory is persistent at the pace at which it falls. Tread lightly to a rapidly paced collapsing MMRI. It hints that the FED will keep buying at one point, but it also hints that they know that something bad must happen first before they convince the public that buying is needed.
The yield curve is so inverted that it is perverted!