Energy and food prices have catapulted sharply higher. The U.S. housing market has been declining relentlessly. The labor market has been in dire straits with new hiring stagnant. Plus the stock market has been severely overvalued and overbought.”
“I’ve outlined these arguments in previous Money and Markets columns. And they are no less valid today. But now, the case for a bear market just got a lot stronger. Bottom line: I continue to recommend caution. Plus, consider some insurance in the form of inverse ETFs.” See the video below on these findings:
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