"Money supply continues to grow as supply chains are stressed. The pinch of finding labor continues with workers paid more to stay at home than to work," says Ryan Payne. He also weighs in on 87.6% of NYSE Composite Index stocks being above their 200-day moving average as many companies are boosting their cash outlays for dividends, buybacks, capital expenditures, or buying other companies.
The Watch List
11 May 2021
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