You may have heard that the near-record stock market internals have turned ghastly, where most companies are lagging, leaving only a few standard-bearers to prop up the nameplate DJIA index (which gets all the news coverage, in the name of our "strong" economy.)
But what you aren't being told is that the pool of buyers who are actually purchasing stocks and keeping even the few market leaders propped up is dramatically shrinking. Fewer buyers are holding up the facade of fewer stocks, while the broader market retreats.
Lynette Zang, chief market analyst at ITM Trading, returns to Reluctant Preppers to answer YOUR viewer questions. Zang warns us that things are much more grim that we're being told - on Wall Street and in our IRAs, 401(k)s, retirement accounts, and pension funds.
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.