@Ewebute
bwaa ha ha, I dont even look at them. Its all piffle.
I do believe we have an upper trend line being maintained. Would hate to see it get back to ATHs . Enough already!
I havent heard of David Rosenberg before, but I found his analysis very supportive of the bear case, and he touches on quite a few things we have brought up, such as why is credit delinquency on the rise when apparently jobs and the economy are strong?
Also he claims in the past, recessions have started roughly 2 years after the first rate hikes. So around Mar 2024 the US will go into a recession, at which time the stock market should already be pricing it in - so whenever that happens in the next 6 months is when we finally start to tank?
Lots of great comparisons to prior crashes and great analysis . Well worth the listen for 90 mins. imo. Interviewer is very good too.
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