Bullish Outlook
Dave Nicoski is optimistically predisposed to the health of the economy as stocks, the US dollar, interest rates, and oil rise together. He correlates this phenomenon to a “post-World War 2” era when “markets reversed and broke out to new highs right around the ’45-46 period.”
On risk, Dave says the US economy is “truly into a bond bubble,” with “1.7 trillion dollars wiped out of the market” since elections. Equities probably have “advanced to a level in many of those areas in terms of when the rubber meets the road on infrastructure spending,” setting up opportunities for pullbacks in those areas.
…also from Martin Armstrong:
The Cycle of Assassination & War Bottomed in 2014
