PLS chart, page-236

Unfortunately with the pandemic, the real economy and the stockmarket are not existing in tandem which logic suggests it should. I thought I was cautious using some macro logic to hold me back instead of the current crop of bulls with ears pinned back. Imagine if Robin hood heads to Oz!

I posted a few days ago that a macro observer would be looking at the US bond yields, jobless and gdp among other things to gauge the state of the global economies. Last night US GDP was bad, you would have read or heard from MSM for months how each wealth building sector has the potential to wipe out all those gains etc. Some would argue that the speculative money just went to future industries of Tech which covers from cars to biotech and in between.

Scomo or Scumo depending on political bias will soon realise we need to create new industries like renewable which can employ people making instead of just driving heavy machinery digging! Some would argue it is not what he does but what Trump's foreign policy dictate what he CAN do.

I read today Ballieu issued a SELL rating on PLS and Hartley a hold. Presumably the latter does business with PLS?