The Week That Was (Jan 31-Feb 4, 2022)
He who has not the spirit of his time, has all the misery of it: Voltaire
An inconvenient truth: the flat bond yield curve
This newsletter made the case last week that certain areas of the market were oversold and VXN, the volatility index for Nasdaq 100, was peaking. Other indicators looked to be at extreme levels too. The AAII US investor sentiment bullish readings hit a low and the put/call ratio reached highs.
It would be a…
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