QVMS - 2 Contrarian Questions: Next Recession? And Is Nasdaq Leading? - Weekly Blog # 711

• As someone with a contrarian bent, I believe the next recession is closer than most expect. Most of what I see suggests 2022 will struggle to produce essentially flat results, partially because of the significantly above trend in 2021.
• I cannot predict the time when the current trends will create some combination of a recession and or financial crisis, but prudent investors are not currently being offered enough reward to offset the inflation and currency risks.
• Thus far in 2021, the stocks listed on the Nasdaq have produced a higher return than those on the NYSE and Dow Jones Industrial Average. They also led the decline this autumn. Since Nasdaq prices led on the way up and down, I am wondering whether it is the current home of the “smart money”.

For further details see: