Basic Material stocks are sending up a yellow warning flag on the economy

Key S&P sector may be signaling a second-half growth slowdown, strategist warns

Above, you can find the clip of the interview I did for yesterday (which was posted on their site today).

We've seen a drop in bond yields over growth concerns and we've seen oil prices decline on concerns over demand. The broad stock market does not seem to be worried, BUT two groups ARE show some concerns: The Transports and the Basic Material sector.

Posted to The Maley Report on Aug 04, 2021 — 3:08 PM

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