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Hello everyone, are you over the shock and awe that the market gave us last week? Well hold onto your hats because more volatility is coming. In this edition of the Financial Intelligence Report, we talk about 3 things. 1) the Democratic political theater, 2) the virus and 3) the stock market.
Frankly I'd need a book length novel to discuss each one of these, but we round it up pretty well. Do we move higher? Go lower? Is the virus going to spread further? What about supply chains? We talk about all this today, and you can find it right here:
In tonight's free investing newsletter, we start the general commentary with a serious question. Did this virus "escape" or was it let loose on purpose? If it was let loose on purpose, what was that purpose? Did the US or some other nation want to cripple China? Or did China itself, suffering from the costs of millions of retiree's getting pensions, turn it loose on its own people? Very disturbing reading.
In the Market commentary, we talk about the market's incessant rise higher, and how it's happening. We discuss some of the things Jay Powell said yesterday concerning QE, and interest rates. And we ask the simple question, how long can this go on? I think it's good reading folks, give it a shot.