Lee Adler goes behind the paper curtain of Wall Street propaganda to ferret out the really important facts and show you what they mean to the market outlook. This week he looks at the technical indicators and the ECB’s balance sheet to get a handle on where the stock market is headed. He also looks at real time Federal Withholding taxes for an indication of whether the US economy is really slowing or whether it might be entering a blowoff phase. If the latter, it would mean the Fed will raise rates sooner, and more, than anyone expects.
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Today’s RFWS was absolutely outstanding. (I’m glad I actually watched this one rather than just listening while running.) When it comes to financial journalism, Lee, you remain an island of sanity in a huge sea of crap. Thanks.
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