March 2, 2021

To gain an edge, this is what you need to know today.

Very Worried

Please click here for a chart of  S&P 500 ETF (SPY) which represents the benchmark for the stock market index (SPX).

Note the following:

• The top banking regulator is ‘very worried’ about the stock market bubble in the U. S.
• You may be thinking how could it be because the Fed is inflating the bubble and the Fed is the top banking regulator in the U. S.
• Top regulators typically make a policy of not commenting on other countries.  Yet, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission has chosen to say that he is ‘very worried’ about the risks from the bubble in the United States and European stock markets.