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Home Market Update: Melt-Up In…Everything!
Economy

Market Update: Melt-Up In…Everything!

The User's Profile Adam Taggart August 7, 2020
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Well, folks: we’re officially in a price melt-up in nearly all asset classes.

Stocks (especially Big Tech), bonds, gold, silver, bitcoin — all are racing higher. And that’s happening on top of an already massive run-up from the March lows.

If you’re looking for a fundamentals-based rationale behind the melt-up — don’t. There isn’t one. A glance at the famous Buffet Indicator shows that markets are at a record level

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Oil wasn’t mentioned but I predict a melt up in OIL as well. We broke through resistence and looks to be headed to $50 or...
Anonymous Author by planfortomorrow
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