In intermarket analysis, I tend to take note of all sorts of data as many as possible? Are the following important?
· Have you been noticing the BDI?
· Have you been following the GDP data reporting lately? As of date, 13 countries have reported negative QoQ GDP data! Portugal, Italy, Spain, UK, Taiwan, Indonesia just to name a few.
One of the above may be experiencing a technical recession, which is two quarters of negative growth! Amidst the above, equity markets are still climbing. Of course, i am not surprised.
On a separate matter, what should investors do now? For those who had been
· Watching, should we start buying now?
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