I was in the papers yesterday for saying why you can EXPECT A SHORT TERM CORRECTION in markets, specifically why the $S&P 500 Index(.SPX.US)$ is at risk of a short-term pullback.
The reasons?
1. US Earnings experienced its biggest fall since 2020. While PEs are above average. Meaning, folks are paying above average for the S&P500, with negative earnings.
2. China's economy could be in strife. See my prior notes.
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