What goes up...
Risk assets. Risk assets are what goes up.
These days and this PA are always a little scary because they are the TYPES of day/PA that could mark tops.
Retail sales data Tuesday was very cold, which bodes well for rate cuts but also heralds some level of recession.
The newsletter writers are all saying this is it, this is the top, it's so over, etc.
They’ve been saying that for about 2 months now.
