1. One Of Richard Russell’s Last And Most Shocking Predictions Is Now Unfolding
“I believe a great speculative third phase lies ahead for this bull market. The coming third phase will see the stock market climb far higher than even the bulls think possible. In the third phase of a bull market, usually more money is made than in the first two phases combined.
2. Zinc and the Base Metals Are Telling Us Something Important
For most of the last six years, the commodity sector has been a great one to avoid. After hitting an all-time high in early 2011, the Thomson Reuters CRB Commodity Index tumbled 60% to a 15-year low. Many individual commodities plummeted more than 80%
But the CRB Index finally hit rock bottom early last year.
3. Mohamed El-Erian – Which Asset Classes are Most Vulnerable
The US economy is gaining momentum, on a standalone basis and as part of a synchronized pickup in global growth. This process would be turbocharged were Congress able to work with the administration to pass pro-growth measures, including tax reform and infrastructure.
