Smart Macro: Large Cluster of Hindenburg Omens as LEIs See Further Decline

May 19, 2023 – Chris Puplava, Chief Investment Officer at Financial Sense Wealth Management, warns listeners that we've now seen a large cluster of Hindenburg Omen sell signals raised across numerous stock market indices. Furthermore, market concentration into a small handful of tech stocks is now near extremes as leading economic indicators decline further into recessionary territory. You wouldn't know it with tech stocks powering higher with all the investor enthusiasm around artificial intelligence but, according to Puplava, we are likely getting close to a tipping point.

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