Michael Oliver is my guest this week.In a recent article by Bloomberg’s Simon White, he suggested that this emerging recession is likely to be quite a bit different from the garden variety recession. He suggested that Treasuries may not deliver the same degree of protection as they do in most recessions. Secondly Simon suggested that equity holders may not face nearly as much pain as in prior recessions. He pointed to the CoppockCurve which is indicating a rare buy signal for stocks at this stage of a credit cycle. Also different is the fact that gold and silver have already been rallying, intimating those markets are already sniffing out the fact that this will not be a garden-variety recession. Perhaps they are perceiving the threat of continually rising inflation in which case Treasuries will be an inadequate hedge. And if inflation is to be an ongoing problem, perhaps the entire commodity sector may be worth allocating some investment dollars to. Michael, who relies on is own very successful proprietary technical analysis, will be asked to opine on Simon’s views, by applying his own technical analysis. | 