Market Irony and Where You Don’t Want to be When the Melt Up Happens, Ep 11

Payne Points of Wealth · Oct 29, 2020 · 22m

It seems week after week it's the same story. A lot of uncertainty out there. Most Wall Street strategists have been negative and wary. Bob, Ryan, and Chris had been very bullish and the market continues to go higher. Bob, Ryan, and Chris continue to be right while strategists continue to be wrong. What's going on?

There’s a fog of uncertainty that seems to be shadowed by the fact that earnings are starting to get strong. In truth, of the 10% of the S&P companies that recently reported their earnings, 86% topped the consensus expectations. Even though the analysts and the economist continue…