Prohost Letter #436
What Are We Experiencing Now?
The bizarre market underperformance progressing rather than regressing and the good economy and the employment gains are the least utilized factors after being the most influential on the stock market performance. We are witnessing the most bullish analysts being confused, hesitating to give their followers a crystal clear explanation about the market’s skepticism, anger and volatility. The most logical advice to investors is to be CAREFUL at this stage.
The situation is serious, because the market volatility opens the door wide for the self-serving negative gurus to magnify their negative . . .