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Weekly Market Recap: S&P 4300: Bulls For The Win? Or Time To Take Profits?

Wealthion - Be Financially Resilient

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The Rolling Recession in the Economy

M2 as a percentage of GDP is still very high. So again, this problem that everybody was expecting of this drain of liquidity that was going to have this big impact, it hasn't occurred. And another thing that's also helped, and we talked about this two or three weeks ago, we talked about rolling recessions. We had these hits, the markets would decline 15% or so, market would absorb it, and then start to rally again. But if you take a look at ISM, manufacturing versus services, that's suggesting that we're not there yet.

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