The Market Perspective: July 27 Remains Importamt

The Great Depression

Benjamin Roth: The Great Depression: A Diary
It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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August 27, 2023

July 27 Remains Importamt

Weekend Auyg 27 2023

Macys and Dick's Sporting Goods issued earnings warnings as we mentioned Friday, the market reacted quickly.

July 27 was an important top, look at the % of stocks over their 50 day MA since

In lone month it fell from 90 to 34%, WOW!

Hedge a bear fund that rises as stock prices fall, has risen in the same period since July 27

Teh value of the ten year note falls as rates raise, it is just beginning. For some reason the chart will not display. We are getting to the end of the fifth wave down so it is too late to buy TBF, let's wait for a the low and buy TLT or a muni fund.

Posted at 10:54 AM in Bonds, Socionomics, Stock Market | Permalink

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The Market Perspective

Market Commentary by Dennis Elam [email protected]

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