S&P 500 corrective mode following Tesla (NASDAQ:TSLA), Netflix (NASDAQ:NFLX) earnings and Thursday’s manufacturing plus unemployment data, continued Friday – too early yet to call this correction as over as the encouraging open had been eventually sold into. It‘s all about Fed tightening bets meeting soft landing estimates. Well, what estimates I say when LEIs are still in decline mode for 15 straight months, yield curve is inverted etc? Messing up with traditional timing models for late Q3 recession is the already a few times mentioned excess savings and highly expansive fiscal policy and var…

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