Two Blokes

S&P500: The Bear Market To Resume, We're Likely In A Recession

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    Posted by Two Blokes May 2 - Filed in General - #TwoBlokesTrading  - 1 view
    The bear market rally in S&P500 is likely exhausted, as it's based on unrealistic hopes for quick trade deals, before the data deteriorates. The data has already deteriorated, and after the negative GDP for Q1, the Q2 is likely to be negative as well, as the labor market cracks.