The Market Heads For A New Episode.

<p>I see the market operating as one of those old Zane Grey Novels. A series of episodes unfolding before us. Each with one theme and one characteristic.</p> <p>Last year was the episode of  LockDown, with that terrible crash in March of 2020. This was followed by what's been up to now, the Episode of the Recovery, which again got fully underway in March of this year.</p>