Markets in Tokyo, Mumbai and most of Southeast Asia are down this month, Asia's early progress in combatting COVID-19 proving hard to sustain.
Many small-caps have been correcting for weeks, and that is starting to spill over into other areas of the market now.
The marketplace responded well to the first week of earnings season, or should we say what we saw beyond the banks that dominated.
How Interesting. On Wednesday, market participants rotated out of the un-rotation that had been in vogue for most of April.
Bitcoin, NFTs, ethereum or even the S&P are not what matters right now. They're simply a series of exciting developments that aren't putting people to work.
Perhaps the most interesting result of an inflationary but not frightening CPI was visible in U.S. Treasury security markets.
You never want to be caught in a counter trend rally.
These seven concerns are why I took money out of the market for my charitable trust.
Don't forget, this is a very large company with a lot more than the vaccine going on.
I would argue that the pandemic has lasted just long enough to wipe out the little guy and let the bigger guys have the run of the joint.