It seems markets have never been so divided as we kick off the new year. The bulls are looking at the Fed hiking rates up to the ‘termination point’ – currently around the 5% Fed Funds mark – from where they will retreat – and
Tag: FTX
The strong bear market rally in stocks continues – but is on over-borrowed time. We may or may not be there yet, but are getting much closer. One of the signs of an end to a second wave bear market rally is that bullish sentiment
The Dow made a major low on October 13 at 28,600. Since then it has rallied to 34,000 – a gain of 5,400 pts (almost 20%) in just five weeks. That is a very sharp rally. And that is exactly the kind of rally we