Billionaire trader/investor Stanley Druckenmiller has the same concerns that I do: weak Russell 2000 and weak trucking. Not a good sign. https://www.zerohedge.com/news/2019-06-19/you-better-be-careful-and-keep-your-eyes-open
By the way, while I agree with Druckenmiller's investment thoughts, I don't agree with his thoughts on Trump. Just wanted to clarify on that. That's probably obvious to those that have followed me for a long time, but I say it in case some are new to us and listening to the video.
Druckenmiller says 'the inside of the stock market right now is not saying, “we’re gonna be in recession,” but it’s saying, “you better be careful and keep your eyes open.”...'. So what's the difference between a recession and that scenario? What will our eyes see otherwise?
He just doesn’t want to go out on a limb. But if you look at what he’s doing, it says otherwise. He exited most stocks and bought a bunch of gold.
And while I believe a recession is coming and may even be here already, we can have a stock market sell-off even without one.