Waiting for the Long-Overdue Stock Market Correction

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ValueWalk

In his Weekend Reading Notes to investors, while commenting on the long-overdue stock market correction, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more The Long-Overdue Stock Market CorrectionThe missing, but long-overdue correction in stocks is probably a factor of the relentless pumping of electronic dollars into the financial system at a rate of $120 billion per month, causing the Federal Reserve balance sheet to rise to $8.349 trillion at last count. The pump rate will likely throttle down by the end of the year – Powell told us so! – so the trillion-dollar questio…

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