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Jul 08 2019

A Picture Is Worth 1,000 Words ... and it was a holiday week and I felt lazy

  • Jul 8, 2019

There is still plenty to worry about. The never-ending trade war enters yet another round of negotiations, geopolitical risks simmer, many economic reports (both in the U.S. and around the globe) remain weak, the size of negative-yield debt is becoming nearly as large as U.S. GDP, the U.S. stock market continues to exhibit a worrisome “triple-top” pattern, small cap stocks continue to trail, the yield curve is still inverted and, because of a “strong” jobs report on Friday, there is now doubt about whether the Fed will cut interest rates later this month. 

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About The Author

James Paulsen / Chief Investment Strategist