Stock Market Narratives Vs Reality

There is a lot of conflicting narratives in the markets. Inflation vs economic slowdown. Oil shortage or oil manipulation? Federal Reserve tighter or looser. Technical analysis to the moon or massive crash.

I think the choppy year I’ve forecast still remains most likely, with the large caps finally selling off at some point and pulling down the indexes. Between now and then, we are, and probably will continue, to see rotating corrections. When the large caps finally sell-off, that will mark the end of the corrective period.