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MacroVoices #363 Lakshman Achuthan: Immaculate Disinflation Debunked

Macro Voices

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Is the S&P Getting a Little Heavy?

The bulls have been in control. The S&P is above its moving averages and any trend lines. We're now going to approach some very critical support levels. If we see even a pullback here, 50 or 100 points, the bulls buy the dip and rip it right back to the highs. February is just going to continue to be a very kind of choppy sideways range-bound market.

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