By John Persinos The combination of elevated inflation and a slowing economy pose a Scylla-and-Charybdis dilemma for investors. In Homer's epic tale, Odysseus and his shipmates were compelled to navigate the narrow waters between two mortal dangers: the sea monster Scylla and the devouring whirlpool Charybdis. (Cue Die Hard villain Hans Gruber: "Benefits of a classical education.") As I explain below, the twin monsters of high prices and weakening growth are squeezing corporate operating results. But I also highlight important bullish technical trends. Read More... |