To gain an edge, this is what you need to know now.
Inflating The Bubble
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- Several positive factors are converging to inflate the stock market bubble.
- The jobs report showed that employment was much stronger than the consensus and wages are rising fast.
- Yesterday we shared with you that unit labor cost was rising even faster.
- Yesterday we also shared with you that productivity was falling.
- This morning we shared with you the great news from Pfizer (PFE) that their antiviral is 89% effective against COVID.