{"id":13767,"date":"2015-10-23T18:58:34","date_gmt":"2015-10-23T23:58:34","guid":{"rendered":"http:\/\/olduvai.ca\/?p=13767"},"modified":"2015-10-23T18:58:34","modified_gmt":"2015-10-23T23:58:34","slug":"has-the-market-trend-shifted-from-bull-to-bear","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=13767","title":{"rendered":"Has The Market Trend Shifted From Bull To Bear?"},"content":{"rendered":"

Has The Market Trend Shifted From Bull To Bear?<\/a><\/h3>\n
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Why the recent volatility may mark a secular shift<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n

Emotions are running high for the investment community in the wake of recent market volatility. Up until August, we had been in the third longest period in market history without a 10% correction. Since then, stock indices sold off hard, only to bounce once again over the past two weeks of trading.<\/p>\n

As you\u2019d guess, the generic punditry has been out in full force.\u00a0 A good number of very well respected technicians are not mincing words:\u00a0We’ve entered a bear market<\/em>.\u00a0 No equivocation.<\/p>\n

On the other side of the equation are plenty proclaiming a successful retest of the lows has been made, and now away we go.\u00a0 Earnings will be better next year. No recession in sight. Just another dip to be bought, right?<\/p>\n

And certainly the truth is\u2026.No one knows<\/em>. Especially in today\u2019s world where global central banks can concoct further QE\/monetary schemes at the drop of a hat.\u00a0 Let\u2019s face it, at this point the global central banks are all in. In fact, beyond all in. Without question, the US Fed knows that if equities fall, they lose the high end consumer. (Wal-Mart shoppers have already long been lost)<\/p>\n

I thought in this discussion I\u2019d run through a number of indicators I’ve been watching that will hopefully help answer the key question \u2013 was the recent market turbulence a sign of a short-term correction, or something larger? \u00a0We know there’s no single Holy Grail metric in this wonderful world, but I tend to think of indicators as mosaic pieces.\u00a0 If we can get enough pieces in the right place, we have a good shot at actually deciphering the \u201cpicture\u201d of what is to come.\u00a0 And for that, we can only really rely on historical experience.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Has The Market Trend Shifted From Bull To Bear? Why the recent volatility may mark a secular shift Emotions are running high for the investment community in the wake of recent market volatility. Up until August, we had been in the third longest period in market history without a 10% correction. Since then, stock indices […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1750,6182,5186,124,8434,246,303,305,431,506,661,662,1138,753,1939],"class_list":["post-13767","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bear-market","tag-brian-pretti","tag-bull-market","tag-central-banks","tag-correction","tag-economy","tag-fed","tag-federal-reserve","tag-interest-rates","tag-markets","tag-qe","tag-quantitative-easing","tag-stock-market","tag-stocks","tag-zirp"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13767"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13767\/revisions"}],"predecessor-version":[{"id":13768,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13767\/revisions\/13768"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}