- The impact of higher costs on goods and services will lead to demand destruction by producers and consumers, leading to drastically lower economic growth rates.
- Given the magnitude of the recent decline, the potential for a reversal rally has risen dramatically.
- Our view is that the probabilities of a near-term rally outweigh the possibilities of a continued, uninterrupted decline.
sefa ozel
Last week, we noted that “nothing good happens below the 200-DMA,” and the tariff-induced market crash this past week confirmed that statement. However, we also noted that over the last 30 years, previous failures at the 200-DMA have also often
