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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: badger3 who wrote (173202)5/4/2022 9:29:32 AM
From: GROUND ZERO™  Read Replies (3) | Respond to of 220708
 
I fully agree with you on the economy, it's in the worst shape it's been in since Donald left office, there's no disagreement there...

But, we have to remember that these markets don't reflect the current state of the economy, these markets look 6 to 10 months ahead...

So, even though we're only first hearing about a "possible" recession now, we've already been in that recession for many months, I've been posting that here for about 6 months already...

When the market begins to rally on bad headline news about the economy, then that's already the bottom...

Right now, these markets could well rally into the midterm elections or just before, and then we'll see what happens...

I could be wrong, but this is my take on what we're looking at with these markets right now...

So, we'll see how it plays out...

GZ