Tom Luongo: Russia Just Told the World, “No.”
"The Achilles’ heel of the U.S. empire is the debt."
7 March 2020 - 13:48
"The Achilles’ heel of the U.S. empire is the debt."
"The stock market, however, is a strong leading indicator of investor expectations of growth over the next 12-months. Historically, stock market returns are typically favorable until about 6-months prior to the start of a recession."
And although the broad commodity market finished up 17.6% on the year, the performances of individual commodities were all over the map. For those familiar with the sector, that’s pretty much par for the course.