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Tag Archives: S&P 500 Spyders

The Squeeze Is On

And what a fitting time for it to begin! This afternoon, I received an urgent message from a leading institutional analyst, proclaiming, “The Next Recession Has Started.” Apparently, the stock market wasn’t paying attention. After the Treasury issued a scolding word to China in mid-afternoon about currency manipulation, share prices shot higher to challenge the upper end of last week’s range.