The Perfect Contrarian Indicator Pays Off… Yet Again

By Alexander Green One economist’s consistently flawed predictions serve as a nearly perfect contrarian indicator.
Today, Alexander Green explains why this man’s coronavirus predictions are paying off yet again.

The market’s historic bounce off the March 23 bottom has gone on longer and driven share prices higher than most investors expected.
(But not us. I issued a Portfolio Update to my Oxford Communiqué subscribers on March 24 with the headline “It’s Time to Load Up Again.”)
Indeed, the Nasdaq hit a new high for the year last week.
This has left many economists, analysts and other financial “experts” scratching their heads, insisting that the rebound makes no sense.
Wrong.
The …read more

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