This episode of the Market Sitrep kicks off with a look at the ECB's corporate bond buying program. This unprecedented central bank intervention will hurt more than it will help. Next we take a look at Belgian equities (NYSEARCA:EWK) which broke out to new highs and explain why the breakout is probably a false move. We finish up with a discussion of the "bad news is good news" effect. The central bank narrative is still controlling markets, but how long will it hold up?
A link to the pdf presentation can be found here.
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