Keep eyes on the lower trendline drawn up from Mar. 2020 low on both charts, as that line is a likely bellwether for any near-term weakness.
Real interest rates are negative during a global pandemic while on the cusp of a New Great Depression.
When it comes to politics, I’m an unaffiliated independent. As an analyst with a focus on risk management my conclusions may not resonate when presented, but more often than not, come to pass.
Uncertainty is the key word driving sentiment and reflected in a stock market correction since mid-October.