In particular, stocks suffered one of the longest runs of negative days in their history in June, only to then spike just after Donald Trump "officially" began trade war tariffs in July. The expectation by many was that the headlines would cause an immediate and continued downturn in equities markets, but this was not the case. Many analysts have been left bewildered.
This is an issue I have touched on multiple times since the beginning of this year, and it is something I predicted long before Trump's election in 2016. But it is obvious that the schizophrenic nature of stocks needs to be addressed in a very concise, no-holds-barred fashion, because there are still far too many people who are looking at all the wrong causes and correlations.
First, let's be clear: stock markets are NOT tracking the news headlines. The past month should have proved this if there was any previous doubt.