Click HERE to access the FSInsight COVID-19 Chartbook.

We publish on a 4-day a week schedule

Monday
Tuesday
Wednesday
SKIP THURSDAY
Friday

As many states are reducing the frequency of COVID-19 reports, we will only publish COVID-19 updates on Friday.

STRATEGY: Consensus bearish, yet markets resilient = market "whispering" bottom

While consensus remains bearish and pundits warn of dangers ahead, we still lean "bullish" against consensus
With each passing day, when 1H2022 is characterized as "treacherous," it is increasingly obvious. Think about the threats to equities:

- Bond market is hawkishly confused (messed up yield curve) and bullying Fed
- Fed officials are going full blown hawk-mode (Kashkari yesterday)
- Oil surging
- War headlines depress with today's threats of chemical and even nuclear attacks
- Yield curve flattening
- Economists say odds of recession nearly 100%

The video in this report is only accessible to members

...Markets "whispering bottom" while investors shout "top"
So it is not surprising that equity investors have turned so flat out bearish.

- March BofA Fund Manager Survey showed institutional investor cash matching 2009 levels- AAII Retail sentiment worst since Ap...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Macro subscription is required in order to access this content.

*Free trial available only on a monthly plan

More from the author

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

I am your default error :)