It’s a worldwide Jihad to the. upside fueled by declining economic data and prospects…[how. nuts would that. have sounded 30…40…50 yrs ago?]. Zero Hedge has been full of bearish articles lately. But who. knows?…the day is long…
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https://www.marketwatch.com/investing/index/gdow
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Double Line’s Jeff Gundlach basically vomited on the bull case in his latest macro market outlook, optimistically-titled Highway To Hell (well worth the viewing). In it, he noted how global economic indicators are falling off a cliff at this point: