The U.S. Now the recession is coming...?

The U.S. Now the recession is coming...?

There are signs that the U.S. economy is getting closer to recession. Today's retail sales have been a negative factor for the market in that it clearly shows the possibility of a slowdown in consumer spending, which accounts for 80% of the U.S. economy.

It was quite shocking that not only May's indicators but also previous indicators were lowered. The market has since shown a rebound in recovery, bolstered by positive industrial production data.

In particular, Nvidia soared over 3% today, finally beating Microsoft by market cap to become the world's most valuable company. The S&P 500 hit an all-time high again today, with some technology stocks such as Nvidia and semiconductors being super strong.

The problem is that most other companies are too sluggish. If you look at the breadth of the market, the gap is so wide that it now looks quite dangerous. It looks like a few overwhelming companies are unilaterally dragging the market.

The positive is that today's broad market is also recovering and rebounding. The problem is that if they fail to recover and slump further, the market looks really dangerous, so it's time to keep an eye on the possibility of a small cap's recovery.

Political uncertainty in Europe is being raised, but on the contrary, it seems positive for U.S. stocks and bonds that institutional investors are moving to reallocate assets to the U.S.

However, it should be noted that most of the recent economic indicators are below expectations and the pace of the slowdown is steep, and that the Siamese index, which correctly identified all receptions in advance since the 1970s, has soared to the highest level in 14 years except for the pandemic.

https://