In Case You Missed it…we are still in the Most Hated Bull Market in history.
And if you haven’t noticed, the S&P 500 just made its 55th record closing high in 2024.
And at the same time, we hear the gloom and doomers crying how stocks are poised to plunge 55% (or worse) at any given moment.
So, which is it?
Let’s look at the facts:
- The short sellers are getting clobbered again.
- Meanwhile, the S&P 500 keeps hitting record highs
- And is set for its best year since 2021…at the peak of Covid. (we were supposed to crash back then too)
- And while positioning on European stocks remains bearish, there is a further widening of the gap between the two markets.
Translation: The markets are always right…and especially during Turbulent Times, money seeks the safest harbor.
Trump’s victory has re-established confidence in America.
Which, in turn, attracts capital from around the world.
And the smart money likes the DOW Jones Industrial Averages (DJIA).
But that does not mean that our markets are less volatile.
On the contrary.
They are becoming more volatile…especially with the prospects of WW3 looming on the horizon.
Most Hated Bull Market
On of the biggest thorns in the side of the gloom and doomers is how volatility increases…especially in the most hated bull market in history.
And with the increase of volatility, you should expect to see recessions AND depressions in various parts of the world (Cough! Europe, Cough! Cough!).
Why Europe?
In a word…Germany.
German manufacturing has been unable to recover fully since the COVID farce in 2020.
And to this day, it has, at best, recovered to only 90% of pre-COVID levels.
Unfortunately, the economic policies of Brussels have absolutely undermined the entire European economy of the EU…especially Germany.
And the core foundation of the entire European economy is Germany, its richest nation.
But here is the problem.
Europe’s most prosperous nation has been relying on automobiles.
And the climate change agenda freaks have driven a stake through the auto industry’s’ heart.
And then there is the serious threat of Trump’s Tariffs.
The theory of tariffs sounds great…but it won’t work because of its two parts:
- Because of the trade deficit, tariffs will try to bring back manufacturing to America
- And the second is to fund the government by eliminating the income tax.
However, history should remind us how this will lead only to protectionism and retaliation against American companies.
Trump Tariffs = Depression…starting in Germany.
Meanwhile, the most hated Bull Market in History continues.
Prepare for Europe moving into a depression and how it affects our markets in the December issue of “…In Plain English” (HERE).
Share this with a friend…especially if they like fancy German automobiles. They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
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