MacroVoices #330 Julian Brigden: Hyper-Financialization Is The New Inflation
Macro Voices
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The Primary Downtrend Is the Dominant Trend in the Markets
The S&P 500 was oversold and bounced back toward its 50 day moving average. But the market is still in a downward channel, which means it's likely to stay that way for some time. "There just isn't enough evidence out there in the markets that a market bottom has formed," says Elmer Lerner.
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