According to Barron's, 60% of the S&P 500 is already in a bear market (-20%). 37% is down more than 30%. Yet according to the same magazine (below), this will be the best year for GDP growth "in years"...
"While there is little sign of a recession, plenty of technical indicators suggest that the stock market is heading sharply lower."
This just in:
Feb. 19th, 2016
Factset earnings outlook for current quarter by industry:
This is our buddy Gene Epstein, again...pride of Generation Madoff. I didn't read the article, and it's not soft enough for ass wipe:
Treasury spreads
10 year versus 1 year, same scale (right):
Forward deflation expectations based upon TIPs (Treasury Inflation Protected Securities):
Credit spreads:
High yield / Treasury
Russell /Dow ratio:
Brokers:
Banks:
Utilities (S&P / Utility ratio):
Consumer Staples (Kimberly Clark) / S&P ratio:
