#Economy & #Stocks Review - Stock Market Rally Is Highly Concentrated

E&S Review

Much of today's economic data, including officially collected and produced time series, is highly unreliable. Statisticians use well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic adjustments to modify economic outcomes dating back to the 1980s. Politicians and central bankers often leverage these techniques for political gain.

Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.

Subscriber Comments

Stock Market Rally Is Highly Concentrated

Michael Burry warned on the Against The Rules podcast that U.S. markets may face several difficult years and potentially a bear market longer than the 31-month downturn of 2000. He said market dynamics have shifted as more than half of investments are now passive, which could cause the entire market to fall together rather than isolating losses to specific sectors. Burry also argued that stocks are being rewarded simply for announcing AI-related spending and criticized the valuation gap between Palantir and IBM, despite their similar government-focused businesses. His comments follow his recent decision to deregister his hedge fund and come amid mixed performance in major U.S. equity ETFs.

Click to Read

Use your Subscription Level Access Code to access the full review.

Click & Enter Access Code to Continue Reading

Follow me on 𝕏 or Facebook for further discussion.

----------------------------------

The Matrix provides market-driven trend, cycles, and intermarket analysis.