To a casual observer, the economic news is mixed. Depending on the story one is reading, you would conclude that we are in a severe recession, even a depression or, on the other hand, we are seeing a quick recovery from the economic fallout from the lockdown response to COVID-19.
Stock Market Update,
Tale of Two Economies: Employment vs. Unemployment, Housing Boom vs. Housing Delinquencies, Inflation vs. Deflation
The exodus from major cities continues.
While there is no fundamental justification for it, stocks rallied again last week and rallied strongly.
Stock Valuations, Precious Metals Analysis, and the Federal Reserve’s Policy Update
Metals consolidate, as predicted; Mortgage delinquencies creep higher; Recession Realities
As we suggested last week, metals markets continued to consolidate after a big run-up.
By our technical measures, stocks are now once again in an uptrend.
Stocks in Technical Uptrend - Fundamentally Overvalued
Metals breakout, stocks rally, and the economy sours. Likely Fed response, dollar outlook, metals outlook, and an investing perspective.
