Despite 2 consecutive quarters of negative GDP, the stock market is in rally mode with the major stock market indices higher. Moreover, the MMRI- Mannarino Market Risk Indicator continues to drop, Click HERE: https://traderschoice.net/about-traders-choice/
Magic Money…
Central banks, the Fed and ECB, are now FULLY ENGAGED in AN UNLIMITED DEBT BUYING SPREE which is intended to fuel stocks higher. This mechanism will also cause inflation to accelerate moving forward.
Expect the global economy to free-fall FASTER now, with the stock market seemingly defying gravity as magic money pumps it higher.
DISCLOSURE: As you all know, I have been buying large blocks of JEPI for weeks.
GM
Gravity is fake ...
Greg. The “Give-upitis ” that infects 99% of the American public, is the result of what George Carlin observed in the late 90’s. “Fat, Happy and Stupid!” In order to overturn a corrupt system, you need at least 15% of the citizens to reach a point of unacceptability. Source: The Decline and Fall of The Roman Empire Vol. 3 Gibbon. JB Bury Edition. Remember. The mediocre are always at their best.