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"We Are Sitting On An Incredibly Important Turning Point"

by Tyler Durden
Tuesday, Mar 16, 2021 - 04:44 AM
Last week in his latest Doubleline webcast, Jeff Gundlach presented a remarkable chart, one showing that the ratio of the Nasdaq to the S&P 500 has been pulled lower (due to Nasdaq underperformance coupled with strength in value stocks) and is now right on its dot com bubble peak levels.
Picking up on this chart, over the weekend in his latest Bear Traps Report, Larry McDonald wrote that
we are sitting on an incredibly important turning point adding that
the world’s first and second most liquid and arguably most important stock indices are sending important rotation signals. In our view, both tech and growth equities outperformance run is over and the rotation to value and commodity exposed equities has begun. ....

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Joe Biden's financial team could create a giant stock bubble

Joe Biden's financial team could create a giant stock bubble
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