Submitted by Lance Roberts via RealInvestmentAdvice.com,
The Rising Risk Of A Recession
It is often said that one should never discuss religion or politics as you are going to wind up offending someone. In the financial world it is mentioning the “R” word.
The reason, of course, is that it is the onset of a recession that typically ends the “bull market” party. As the legendary Bob Farrell once stated:
The "Walmart model" has become the model of our economy. The billionaires that model creates use their wealth to bribe -- I mean, "influence" -- our government to keep things the way they are. It is time to take back our government from the billionaires, fix trade, fix taxes and fix wages.
Initial and continuing claims surge dramatically and Crude slammed to 12-year lows inflation-adjusted, so energy stocks rip and lift stocks magically...
h/t @NorthmanTrader
Energy stocks love new multi-year lows in oil...
Longer term...
And led the entire market higher today... but a late-day collapse in crude (which looked like forced liquidation) spoiled the party
Initial and continuing claims surge dramatically and Crude slammed to 12-year lows inflation-adjusted, so energy stocks rip and lift stocks magically...
h/t @NorthmanTrader
Energy stocks love new multi-year lows in oil...
Longer term...
And led the entire market higher today... but a late-day collapse in crude (which looked like forced liquidation) spoiled the party
Part 2 of 2-part series about problems with the mainstream media, and a call for a solution.