A close look at sectors can tell us where we are in the economic cycle. The chart below from Chris Vermeulen via LinkedIn shows that the dominant sectors currently are utilities and precious metals which occur typically at the very end of business cycles as we enter a major bearish phase:
Market Talk – April 19, 2024
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ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225
decreased 1,011.35 points or -2.66% to 37,068.35 Shanghai decreased 8.96
points or ...
42 minutes ago