BEAR VANQUISHES BULL

1 Comment
  1. Craig Bradley 1 week ago

    ONE OF THE LEGS HAS BEEN REMOVED FROM THE BAR STOOL

    The single biggest buyers of U.S. Equities have been the corporations themselves. In fact, maybe the only large buyer of stocks in the past 3 years. Sure not “mom and pop” retail investors, who are hunkering-down for a long “Winter. In addition, some foreign buyers and some retirement plan purchases, as well. However, the biggest buyer has left the “casino” with his chips. There goes your “liquidity”. Maybe this is why volatility is so high, with a 70 reading on the VIX?

    Removal of the Corporate Tax Breaks for stock purchases is probably going to further reduce demand and result in additional stock market declines, especially with the largest companies in the large domestic stock indices. Do we have a competency problem in Congress?? ( Obviously they must know, that is probably a reason why Nancy Pelosi and other POLS sold their shares at the top before the Emergency Declaration by President Trump. Insiders have a big advantage over the public, as always.

    Nobody is protesting this Abuse by Congress because our corruption problem is now off-the-charts. The same causal agent (corruption) was key to the Fall of Rome, by the way. History repeating.

    https://www.wsj.com/articles/president-trump-joins-democrats-in-calls-to-block-share-buybacks-11584876823?mod=hp_lead_pos3

Leave a reply

©2020 The Trends Journal

Log in with your credentials

Forgot your details?