take a look at the Russell 2000 chart vs the Dow and S&P. I don’t know if this is the canary in the coal mine or just the result of low volume. I’m thinking maybe the retirement monthly contributions are all that is holding the stock market up. If the Fed is going to unwind the huge bond position, where is the fiat coming from to buy them unless it’s out of stocks?
confusing, ain’t it?
rno