Posted by mirhamedali on 2nd of Oct 2022 at 02:18 pm
Many of these indicators are really looking poor. It's really
supporting the thesis that the secular bull market is done as we
know it and we may now be in for a ten + year bear market (similar
to Japan).
The indexes are down by 30% but we still have no official
recession, no job contraction (we are still considered at full
employment all the way up to 5% unemployment), no consumer
sentiment contraction and no corporate earning contraction.
Unfortunately it looks like the dark days are not even here yet.
What will the markets look like at that point?
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Many of these indicators are
SPX Stocks Above 200 50 20 MAs
Posted by mirhamedali on 2nd of Oct 2022 at 02:18 pm
Many of these indicators are really looking poor. It's really supporting the thesis that the secular bull market is done as we know it and we may now be in for a ten + year bear market (similar to Japan).
The indexes are down by 30% but we still have no official recession, no job contraction (we are still considered at full employment all the way up to 5% unemployment), no consumer sentiment contraction and no corporate earning contraction.
Unfortunately it looks like the dark days are not even here yet. What will the markets look like at that point?