![]() | Euro Stoxx 600: “Following the Script” “If the 2007 analogue holds, the current rally [will] persist …” On Oct. 24, 2022, Bloomberg said: Forget about a Santa rally to rescue European stocks from their doldrums, say strategists from Goldman Sachs Group Inc. to Bank of America Corp. A week and a half later, our November… Read more Euro Stoxx 600 Following the Script |
Month: July 2023
German Economy is Broken
![]() | How Germany’s Economy is Turning Ugly This economic gauge “dipped back below zero in less than a year” In November 2020, when fears were rampant over a second wave of the coronavirus pandemic, the president of the European Central Bank called for economic stimulus (Reuters): Facing gloomy outlook, Lagarde calls for unlocking EU aid In… Read more German Economy is Broken |
Tulip Mania Was Nothing
![]() | Recently, Elliott Wave International’s president Robert Prechter gave a rare interview. He covered a lot of ground – from stocks and Bitcoin to the economy and gold. Our friends at Elliott Wave International are sharing Prechter’s interview with you free. Listen as Prechter explains why 2021’s extreme market sentiment made the Tulip Mania look like… Read more Tulip Mania Was Nothing |
Divergence in Stocks vs Junk Bonds
![]() | Stocks and Junk Bonds: “This Divergence Appears Meaningful” “Everything was aligned until February 2” The trends of the junk bond and stock markets tend to be correlated. The reason why is that junk bonds and stocks are closely affiliated in the pecking order of creditors in case of default. The rank of junk bonds is… Read more Divergence in Stocks vs Junk Bonds |
Harbinger of the Bear Market
![]() | Insights into This “Ultimate Harbinger” of the Bear Market Enthusiasm for U.S. IPOs seems to be dramatically decreasing Back in early 2021, many investors were chomping at the bits to invest in entities about which they knew next to nothing. These entities are known as Special Purpose Acquisition Companies (SPACs), which may be described as… Read more Harbinger of the Bear Market |