Weekend Insights

A Recession is very likely, but the market will fall further even if we don't fall into one.....The market is too expensive to stay at its current level even if we avoid a recession.

The S&P 500, the NDX 100, the DJ Transports, gold, natural gas, the dollar...all stand at key technical junctures. Next week should be a very important one.

The removal of liquidity in the system has much more far reaching implications for the markets and economy than most investors realize.

Last week's CPI number does not signal an upcoming significant drop in inflation. More importantly, a reversal in long-term interest rates...during a bear market...actually signals LOWER stock prices, NOT higher prices...because they signal a recession.

The Fed is tightening as we are heading into a recession. What more do you need to know???