The Fred Report - Weekly May 26, 2020

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The timing or likelihood of a severe correction is way down over the last few weeks, until we get a signal. Yes, this is a surprise – the market is stronger than we expected on this open.  A drop into July should look different than the drop into 2009 from 2008. One reason for this is that Accumulation models for many of the stock indexes are hitting all-time highs.

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