'there is not actually that strong a correlation between unemployment and the stock market'
Got to disagree with this statement, as unemployment starts to rise just before a recession, while S&P500 starts to fall.
So while I'm holding BBUS, SNAS and BBOZ mainly as a hedge, I only need a recession to start.
Meanwhile stagflation is in motion, as I'm predicting a resurge in inflation, because the Fed wants to keep kicking the can down the road.
Be fearful when others are greedy, and be greedy when others are fearful.
'there is not actually that strong a correlation between...
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Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |