Returning from Orbit, Part 2
Our last edition of Volume Analysis stated, “The federal reserve’s rocket has since overshot its orbit, causing massive inflation while providing a speculative paradise for risk assets.
Returning from Orbit
At the time, the S&P 500 was 2237 and was in one of the fastest declines of historical record.
Portfolio Manager Insights
The U.S. Treasury has reported that the national debt surpassed $30 trillion in 2021, a fact that has fueled headlines and concerns.
Volume Analysis Flash Update – Back to Support
In our 2022 Volume Analysis Outlook, the S&P 500 was fresh off new highs exceeding 4800.