Stock market monetary- and liquidity conditions over the last year have been the harshest we’ve seen in a 33-year career, and consistently the largest drag on the Major Trend Index (even overshadowing valuations!).
Apr
07
2023
Was That A Pivot?
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![Doug Ramsey / Chief Investment Officer & Portfolio Manager](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_3768_LR_Doug.jpg?h=150&w=150&fit=crop&fp-y=.15)