While some stock market analysts have been warning the S & P 500 has been overbought for some time, it has continued to reach new highs. The truth is the market can be just as irrational and divorced from fundamentals on the way up as it can be on the way down.
If the Coronavirus continues over six months, it may cause significant damage to the global supply chain, world GDP growth, and risk to the global debt markets.
Fundamentalism was popular with baby boomer Christian conservatives. However, many postmodern millennial Christians reject the absolutes of fundamentalism, and prefer non judgmental tolerance and reletavism.
Progressive activists are promoting 16 year old Swede, Greta Thunberg as the new face for global climate change activism.
Can Fed chairman Jerome Powell keep the stock market bubble going until the November presidential election? Will Iran continue its move towards nuclear weapons and cross Israel's red line in 2020?
The Congressional Budge Office projects the U.S. government plans to have annual deficits above $1 trillion every year for the next ten years.

The price of gold appears to be making a jail break to the upside after consolidation in November.
The repo cash injection and juiced stock market are scheduled to end in 2020. The cash injection is scheduled to be reversed. Markets appear to have become dependent upon a cash infusion high.
Commodities technical annalist Gary Wagner, of Gold Forecast.com, believes the price of gold has been building a base around $1,450 during a one month consolidation. He expects in the next leg up in the bull market, in early 2020 , the price of gold will rise to 1650 to 1700.
Credit manger Zoltan Pozsar with Credit Suisse predicts a bank liquidity crisis caused by a year-end scramble for reserves will cause the Fed to start a fourth round quantitative easing before year's end.

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