Lions. You Need To Know This... (EXPECT PRICE SHOCKS).
From Greg M
Lions.
As you may know, today is a shortened trading day and with that, I am going to take today off from my vlog.
However, I wanted to bring a few things to your attention. (Please share this article)
Right now, 8:15AM Eastern, both the 10yr yield and the DXY are lower premarket, (see images below), and subsequently the MMRI is dropping.
It does appear that the MMRI projection I sent out to you on Nov. 8, is playing out to be correct.
This is a double edged sword.
What this tells me is there will be a much greater disconnect between the stock market and economy moving forward.
The trajectory for the economy is not good.
(We all need to be prepared for a steep economic slowdown moving forward, with much higher prices (price shocks). With that, expect the stock market to continue to put on gains).
And the Fed has a million reasons to blame inflation on other than themselves. Tariffs, war, Trump, Russia, China, OPEC, corporations, another pandemic, etc
Just be prepared!