Archive for October 2022
The Next Economic Storm?
As I noted last week, I expected there was a possibility of more stock upside last week given how oversold stocks were when the current rally started. I view the current rally as a countertrend with more downside ahead. As many savvy readers of “Portfolio Watch” have undoubtedly noted, there is…
Read MoreIs This the Future for Stocks?
Stocks staged a strong rally last week on a percentage basis. There could be more upside in this rally that I view as a countertrend, but there doesn’t necessarily have to be. I expect that there is more downside for stocks ahead. Likely, eventually a lot more downside. I have often discussed the…
Read MoreInflation Update and Recession Realities
When inflation first became a topic of conversation, I stated my view that unless we saw real positive, net interest rates, inflation would not be controlled. If you are a new reader, that simply means that the interest rates have to be higher than the inflation rate. If the inflation rate is higher…
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