Here is our extremely synopsized comment on Hartnett’s Friday Report post after the first read through.
Main focus: He has a contrarian signal to buy stocks and lays it all out.
3 out of 4 trading rules currently give contrarian "buy signal"…
Gold: He likes Bullion as stocks drop and Bonds rally.
He believes the following strongly: higher unemployment & lower bond yields are the necessary first conditions for gold to rally & stocks to broaden. This, he says, will come in 2024. Therefore, if Bonds rally, Gold will as well.