The New Theory that Explains the Stock Market
Degenerate Business School
English - June 06, 2020 21:00 - 30 minutes - 21.2 MB - ★★★★★ - 16 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Rally Abides
Next Episode: At last the Market wavers...a little
A favorable jobs report caps the sharpest rally of our lives, all but restoring the S&P to its former heights. And so Greg cuts bait on the worst gamble of a generation: SPXS.
Tech cements its command as the new risk-off, and Wall Street looks with smug relief on a V-shaped recovery.
With the benefit of hindsight, Greg having missed the rally completely, we put forward a new theory to explain the great divergence between equities and the economy.
And Greg asks, is now the time to go long on China?