Lacy Hunt: We're Facing A Perfect Storm Of 'Economic Deterioration'
Wealthion - Be Financially Resilient
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The Rise and Fall of the Healthcare Sector
Lacey: Earnings are oftentimes a circus show because CFOs and financial accounting gimmicks can make earnings reports look better or worse, usually better than the reality really holds in a longer term sense. Semiconductor inventories have gone through the roof meaning there's all this dead inventory that's not getting sold. Lacey: Consumer discretionary sector has been one of the hottest sectors this year yet you've got retail sales dropping off a cliff. You know, most things that people consume today is not walking into a retail store, but going on Amazon and getting a cardboard box shipped to your home.
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