I would love to see that number not because I have been calling for it since March as a possible top to any lift higher but it will confirm the structure on the bigger pattern of a bear market rally.
I saw this chart today which just blew me away

This chart shows in a nutshell what I have been saying for a long time that we are in a long team wealth destruction cycle and it wont stop. Yes you stock value might increase in value but inflation is eatting so fast into that growth that you are net loss on your investment in the SP500.
I will post some analysis tomorrow as I was busy this weekend doing some other stuff.
MARKETJEDI
No comments:
Post a Comment