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    MarketMap™ 2024 Scenario Planner Issue#11

    April 1, 2024

April 1, 2024

MarketMap™ 2024 Scenario Planner Issue#11

Bullish Spin Sustained until today’s open

The news over the holiday was presented as bullish.  The FRB “we have a chance” logic is entering a period of rethink.

The bullish forecast will always find an excuse for the bear coming later than sooner. The balanced narrative from the majority suggests that months from now “the never-ending gravy train of profits, economic growth, and security may start to morph into signs that the patchwork of misdirection and false narratives is unravelling.”

Hmm, if that’s true and the market is a discounting mechanism as Wall Street’s EMT suggest that would be a negative drawing card, would it not? The problem is the market cannot be explained by EMT and its so-called discounting even while popular because it makes intuitive sense to so many.

The same way Adam Smith’s invisible hand is palpable to the fundamentally inclined and the new CMTs. Yet they do not find cycles, or tidal and planetary influences as meaningful, at best second tier.

However, Contrary Thinker does and finds that the TIME element is an important factor in a comprehensive market-based approach.

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