by Tom Beck
This article was contributed by Tom Beck of Portfolio Wealth Global.
The markets are pricing in a SWIFT resolution to COVID-19, an immediate cure and a quick return to normal since stocks have been ON FIRE since last week. I’ve gone through the entire apparatus of potential drugs to cure patients and there are CURRENTLY 35 different ones being considered, with some of them already being administered, but the UPWARD movement in stocks is deceiving since the volume traded is ODDLY THIN.
Still, the markets, with all of their forward-looking estimates, must also be pricing that President Trump will get re-elected and that all of the money supply that was created will end up being efficient for corporations and for the economy since it’s been nothing but GREEN for days – something is OFF about this whole thing!