Posts Tagged ‘financial markets’
The Recent Stock Bull Market – Real or Nominal?
The double top theory for stocks that I suggested at the end of 2021, is looking like the right call at this point. Stocks suffered their worst week since March of 2020 last week despite a 4-day trading week. As I have been suggesting here each week, when stock gains are largely…
Read MoreFinancial Markets, the Economy and Currency Creation
My ‘double top’ theory from last week is holding true so far, but we will wait and see. If you missed last week’s post, a double top is a bearish formation where prior market highs are approximately reached but no new highs are made. At this point, it’s too early to tell. …
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