More Claw Marks Of The Bear

The stock market’s late-September peak looks disturbingly like the beginning of a bear market.

That at least is the story being told by the U.S. market’s various sectors. Their relative returns during the third quarter of 2018 closely follow a pattern set prior to other bull market tops of the past 50 years.

 

 

https://www.marketwatch.com/story/heres-more-evidence-that-stocks-are-now-facing-a-bear-market-2018-12-13

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.