The market is at a key juncture.
So far, the major indices have put in a higher bottom and have been slowly coiling despite bad news and downgraded forecasts.
That suggests the conditions for a continued rally are firming up.
Yet financial advisor Lance Roberts thinks that, fundamentally, it doesn’t seem likely that current stock prices have yet fully priced in the impacts of the serious recession it appears we are heading into.
Markets will soon have to pick a direction.
Which way are they likely to break?
And what factors should we be watching most closely?
For his take as well as everything that mattered to markets this week, watch our new Market Recap featuring Lance Roberts.
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Image and article originally from goldsilver.com. Read the original article here.