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There Is No V-Shaped Recovery, Wall Street and Washington Are Selling You Fiction
Released on Tuesday, October 27, 2020•MARKETS
Since the storytelling about a V-shaped recovery began, Landon D. Whaley has been saying that a recovery resembling any letter of the alphabet cannot occur in 2020. Contrary to what many are peddling, Mr. Whaley is on the record saying that a three-phase process is currently playing out in the US. The first phase was depressionary, beginning in late February and running through April. The second phase was a rebound (not a recovery) in critical data and financial markets from worst ever levels to not so worst ever readings in May, June, and July. The third phase will hit the US during Q4 2020, and the folks on Wall Street and in the media perpetuating the myth of a V-shaped recovery are not prepared. Join Mr. Whaley as he explains his Gravitational Framework, which enabled him to predict both crashes (Q4 2018 & March 2020) in US stocks over the last two years. He will share why his framework is once again diverging from what the group expects in markets in the months ahead. The vast majority of market participants believe the gravy train since April will keep right on rolling. However, the Gravitational Framework is telling us in no uncertain terms; there is a litany of market risks coming our way.
Landon Whaley
Gravitational Edge,
Editor
Landon Whaley is the CEO of Whaley Capital Group and has been professionally managing money for the last 21 years. A global macro style of investing informs his unique persptive on finanical markets. He has traded stocks, bonds, currencies, and commodities through the three US recessions, as well as economic slowdowns, recessions, and crises on four other continents.
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