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These ETF Charts Look Vulnerable, As Yield Spread Chart Signals Guaranteed Recession

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

This week was supposed to be a seriously big deal. On March 27th, Wednesday, there was supposed to be the huge China/US trade deal signing ceremony in Mar-a-Lago. Then, only two days later, Brexit was to become official.

Liquidity moves markets!

Follow the money. Find the profits! 

In this new everything-gets-postponed-indefinitely world of ours, neither of these is happening. So let’s occupy ourselves by glancing at a few ETFs which, to my mind, seem vulnerable at their present price levels.

precious metals miners
transportatiomn index
silver
energy sector
retailers

I also want to share the latest chart on the 10-Year minus 2-Year. There are plenty of folks who consider the business cycle to be dead, thanks to the heroic measures of the Federal Reserve. I hope that the chart below, augmented modestly by yours truly, helps show this simply isn’t the case. We are precisely, exactly, and totally at the mark where recessions have historically been guaranteed to happen. Just sayin’.

Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

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