How a dying stock market looks like in pictures, including violent rallies.
As paying subscribers know my main longer term sniper rifle Indicator is undefeated since the dot com boom bust. And I suspect we are on another journey of deleveraging.
I post the chart and it’s progress in every podcast show note and read off the readings. Below is a close up of each phase.
Recommended by Dr Michael J. Howell has worked in finance for over 30 years. Formerly Research Director at Salomon Bros where he developed the concept of 'Global Liquidity'. He is author of 'Investing in Emerging Markets' (1995) and 'Capital Wars' (2020).
