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Hi. Peter Navarro here with this week’s economy and market rap for the week ending October 20, 2023. Recall that after a bullish reversal two weeks ago of the S&P500, I warned off any short sale warriors and indicated instead that a cash position earning 5% in short term instruments may well be the optimal position. Recall further that Hamas stuck a thousand missiles in that infant bull and now the risk is clearly once again to the bearish downside in U.S. markets – the S&P indeed had a bad week this week.
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VISIT HTTP://PETERNAVARRO.SUBSTACK.COM FOR TRANSCRIPT
Hi. Peter Navarro here with this week’s economy and market rap for the week ending October 20, 2023. Recall that after a bullish reversal two weeks ago of the S&P500, I warned off any short sale warriors and indicated instead that a cash position earning 5% in short term instruments may well be the optimal position. Recall further that Hamas stuck a thousand missiles in that infant bull and now the risk is clearly once again to the bearish downside in U.S. markets – the S&P indeed had a bad week this week.
PLEASE SHARE WITH A FRIEND AND WRITE A REVIEW
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