The Great Recession of 2020 is Here!

Don't be fooled by Trump's press conference.

This week's sell-off is only the beginning. If 2008 is any measure, we have miles to go before the bottom. Economic participation will plummet as society droops into social distancing. The Fed has no power to dent it. And the bubble in Corporate Debt will be laid bare. The Secret History of recessions tell us that economic downturns are multiple and months-long.

Therefore, we set a course to short the S&P in the near term, re-entering SPXS inverse S&P for at least the next two weeks. 

If you prefer to buy and hold, the Feather Strategy is on hold as we wait to see how low the market goes. But we are poised to buy up discounted stocks when the time is right.