Smart money surprise Corona Del Mar, CA   Hey ,   For a minute there, it looked like the "dumb money" had been convinced to buy...   ...nope!   They were sellers once again as stocks exploded higher this past week. That means the S&P 500 is still on a buy signal.   I suppose that flies in the face of some big names calling for a recession.   I'm used to the Smart Money Indicator getting it right while economists and media pundits get it wrong.   Hard to believe I've been publishing the SMI signals for 16 years now.   Let's switch gears and address the doom and gloom calls going on right now.   There are some serious cracks in the system.   Covid allowed some massive money printing to occur to help paper over those cracks.   I'm surprised they didn't bring back Ben Shalom Bernanke to fling $100 bills out of a helicopter.   That license to print money -- re: covid -- is OVER.   However, I was just reading this report from McKinsey about how they're recommending we spend $275 trillion to combat global warming.   My first thought: Fraud.   My 2nd thought: How do we get our cut?   To put this number in perspective, global debt is sitting at $303 trillion.   $275 trillion will put a lot of people to work in the face of digital unemployment.   It's my thesis that all these wars, pandemics, and global warming scares are to kick the debt can down the road by printing money (and skimming a portion for themselves of course).   I don't want to get too deep into the subject. Julian Assange was locked up right after calling the War on Terror a money laundering operation.   My point is that we're already on to the next thing.   The so called elites didn't cook up all these scams for decades just to abandon them now.   When everyone moves over to one side of a canoe, you can expect them to fall overboard, and the canoe will right itself.   If everyone dog-piles into short positions (which we can see from the COT report that they are), you can expect the market to go the other way and fling them out of their positions.   P.S. Attention: Traders looking for a 100% PROVEN source of steady income whether we see inflation, deflation, boom, or bust...   Use this Simple 2-Step True Asset Price Prediction Formula...and You Could Immediately Start Unleashing a Bonanza of Steady Profits Even if Inflation Soars, Stocks Crash, or Interest Rates Skyrocket. Trade smart,   Dan "Prince of Proof" Murphy                             Portfolio Boss, Inc. 260 Newport Center Dr, Suite 100 Newport Beach, CA 92660   Don't want to stay in the loop with Dan? We'll be sad to see you go, but you can unsub to no longer receive emails.