The best sign that a bear market has ended is when you get more bad news. That's clearly bad news, and the market doesn't go down on that bad news. And what we've seen in the last couple of weeks is plenty of more bad News. So it's hard for me to believe that this bear market could be over. I don't think it should be over, but the tape action is saying it just doesn't want to go down on bad news.
MacroVoices Erik Townsend and Patrick Ceresna welcome Harley Bassman (Convexity Maven) to the show to discuss the relationship between inflation and bond yields, why the stock market has been so resilient in the face of worsening macro data, and much more. https://bit.ly/3zkH2Mp
Download Harley’s slidedeck 📈📉 https://bit.ly/3aYGHpq
Download Big Picture Trading chartbook 📈📉https://bit.ly/3Oq3FDw
✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials