INVESTORS’ BET AGAINST THE ECONOMY TO FACE OFF AGAINST NEW DATA
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Bet Against The Economy
Please click here for a chart of the S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- Over the last two trading days, investors have been aggressively betting against the economy. How are they betting against the economy? They are betting against the economy by aggressively buying stocks, especially highly speculative momo stocks.
THIS CLASSIC MISTAKE WILL COST YOU DEARLY – HERE IS HOW TO AVOID THE PITFALL
- The narrative that has taken hold is that the economy is heading towards a deep recession and this will force the Fed to stop its fight against inflation.
July 6, 2022