"Wall Street firm Goldman Sachs on Tuesday reduced the odds of recession in the next 12 months to 25% from 35%. Other forecasters have pushed the possible starting date for a downturn further out, toward the end of the year. And some even think the U.S. is likely to avoid a recession altogether."

Stock Fears Tied to US Debt Wave Miss the Mark, Deutsche Bank Says
https://finance.yahoo.com/news/stock-fears-tied-us-debt-201818157.html

"Over the last three years, investors have increasingly pointed to the booming liquidity provided by the Federal Reserve as the driving force behind the rally in stocks, but according to the bank’s strategists Parag Thatte and Steven Zeng, most of the gains can be attributed to fundamentals such as earnings or macroeconomic growth indicators. And the recent strong correlation between Fed stimulus and equity returns is historically inconsistent, making the argument even more questionable."

S&P 500 / $SPY

We're back to the same flat trendline
We've arguably been in a market headwind for the last 2 years
This narrative makes sense given the two articles posted above - some think a recession is coming, others think it's unlikely

"The U.S. Securities and Exchange Commission (SEC) tore off crypto’s bandage this week, with its back-to-back enforcement actions against two of the most prominent digital assets platforms, Binance and Coinbase (COIN), finally establishing its legal argument against the industry and setting up the future court fights that could decide everything."
Bitcoin has been in its own little headwind ever since price entered the Correction Zone
- Looks like the SEC and Crypto Exchanges will determine which way price will move from here.
- I'm keeping an eye on the RSI levels - the index has been downtrending for the last 6 months as price has continued to climb

"The latest weekly report from the US Department of Agriculture shows the US corn crop deteriorated by the most in nearly three years as drought conditions worsened in the Midwest. About 64% of the nation's corn crop was rated good-to-excellent in the weekly report, a five percentage-point plunge that was the most significant decline since August 2020. The drop was more than double of any analysts surveyed by Bloomberg."
Corn prices have been dropping for the past year:
If corn supply is dropping, can we expect other crops to experience similar issues?
If we following simple supply/demand relationships, does this mean agriculture stock prices will move up with the scarcity of the commodity?
Perfect timing because Archer-Daniels Midland / $ADM looks oversold
- Could be that companies like $ADM can see a rebound in stock price surrounding issues with corn supply since the demand is still there

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