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Sentiment Extremes, Muni Bonds & Trump Impeachment

Episode 80

Updated: July 07, 2017

Sentiment gets one-sided only at certain points in the markets' Elliott wave pattern. Learn what sentiment gauges are telling you about the market trend. Yield spreads widen for Illinois, Connecticut and New Jersey. Muni bond yield spreads will make you wonder about the future. President Trump finds his administration embroiled in controversy and investigation. Learn how social mood will influence the outcome of this chapter in American history.

Show Notes:

Sentiment gets one-sided only at certain points in the markets' Elliott wave pattern. Learn what sentiment gauges are telling you about the market trend. Yield spreads widen for Illinois, Connecticut and New Jersey. Muni bond yield spreads will make you wonder about the future. President Trump finds his administration embroiled in controversy and investigation. Learn how social mood will influence the outcome of this chapter in American history.

Features included in this episode:

  • This Will Make You Sit up and Notice Sentiment Extremes in U.S. Stocks
  • This is Why Municipal Bonds Are No "Day at the Beach"
  • Will Social Mood Oust Trump? Watch the Stock Market

 

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The growing financial stress is revealed in the widening spread between the yield on 10-year Connecticut and New Jersey muni bonds and the equivalent yield on a 10-year Bloomberg AAA benchmark; they are trending closely with that of Illinois. ... Two out of every three states in America took in less tax revenue than expected this year, making it nationally "the worst performance since the depths of the recession ..." The current financial distress is occurring during an 8-year economic expansion. What happens to state revenues when U.S. GDP starts to contract? -- July 2017 Elliott Wave Financial Forecast

Elliott Wave Weekly

With our Elliott Wave Weekly podcast, you'll get a roundup of the best market insights and Elliott wave analysis from interviews, presentations and webinars with our researchers and analysts at Elliott Wave International. And, best of all, you can download or listen online (it's free).

Alexandra Lienhard is the host of the popular podcast Elliott Wave Weekly. She is also the Chief Correspondent for ElliottWaveTV, a channel dedicated to providing the latest information from key Elliott Wave Analysts. Alexandra has been working with Elliott Wave International since 2009. Before that she worked for CNN in their Atlanta headquarters and on their entertainment desk in Los Angeles. Alexandra graduated from the University of Southern California with degrees in Broadcast Journalism and Business.