Is stagflation temporary?
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I have been gazumped by two red-hot inflation reports in two days, even as
growth slows sharply in Australia and the US. First, in Australia,
quarterly d...
2022-01-19
Worst Case Scenario for Bulls
Yesterday, the high for the regular hours trading was right at the open on the S&P 500 Index. The Nasdaq peaked a little after 10 am.
The worst case scenario for bulls would be something like this wag. A trip back to around 4700 and then failure. This type of action would be a major bull market top, the first since 2007.
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