Stocks appear detached from reality, rallying for two things that may not happen

CNBC/Yun Li/1-18-2020

“The S&P 500 has soared 12% since the beginning of October. Not only does the rally defy many tried-and-true economic indicators, it also ignores the ongoing profits slump, leading many Wall Street strategists to urge caution.”

USAGOLD note:  This article raises the caution flag on the current stock market euphoria.