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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:
We said way back in May of this year that the closer we get to the elections in November, the more they're going to paint the tape, and fudge the economic numbers. The President has been telling anyone that will listen about how many jobs he's created and how the stock market is proof that his agenda's and the work done by his Democrats has worked. But as anyone with a living brain cell knows, the stock market has NOTHING to do with the economy any more.