The Set-Up (video) with Guy Adami & Dan Nathan

by Dan August 31, 2020 12:46 pm • FREE ACCESS• Podcasts
Guy and I are back with our weekly Set-Up video:

This chart from our friend Carter Braxton Worth, technician extraordinaire from Cornerstone Macro Research gets things kicked off…
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We talk about the “Robinhood effect” of retail piling into stocks at all-time highs, with sentiment screaming, valuations nearing historic highs for the S&P 500, rates at historic lows, the U.S. dollar crashing, structurally high unemployment, and just a MASSIVE disconnect between what Wall Street (stock market) and Main Street (economy) are saying about the path forward for our country’s recovery if and when we are on the other side of the pandemic. TL;DR —> it won’t end well.
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