Equities fell 19.44% this year, and -5.90% in December. The December drop (and the “bearish belt hold” candle print) looks quite bearish, but my forecast model isn’t yet convinced. The Financial Industry Regulatory Authority (FINRA) margin debt has fallen some 28% from peak, and shows no signs of recovering. Margin debt and the S&P 500 …
Long-Term Market View; Turbulence and Disclosure Ahead Read More »
from Peak Prosperity https://ift.tt/bBI1zsP
