We are quickly moving towards the back half of the year (Q3 and Q4) when US industrial production is predicted to finally regain its stride. Treasury Secretary Mnuchin estimates the compound growth rate for Q3 could approach 17%.
Industrial, transportation, construction, and hospitality stocks - aka "The Recovery" - will lead this surge higher, and investors would do well to get on board.
The coronavirus bull market has baffled market professionals with its steady escalation, despite all the negative data to the contrary. Stocks have risen unabated for 3 months on high volume. They