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Working Money: Market Update  |  MAR 2003

Working Money: 10 Challenges Facing A Market Rebound by Matt Blackman

Working Money: 10 Challenges Facing A Market Rebound by Matt Blackman Can technical traders safely ignore these 10 fundamental obstacles? Most traders agree that fundamental investors would be well advised to use charts to help make better decisions, especially in times of volatility. But can traders afford to ignore the fundamental economic challenges facing the markets? THE MARKET CANARY Many traders say there is a real and visible disconnect between US financial markets and the economy. Interest rates are at historic lows, the housing sector is flourishing, and consumer spending (which accounts for two-thirds of the US economy) remains amazingly resilient. Until recently, markets ignored this positive news.

by Matt Blackman

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