{"id":16110,"date":"2016-01-06T14:45:07","date_gmt":"2016-01-06T19:45:07","guid":{"rendered":"http:\/\/olduvai.ca\/?p=16110"},"modified":"2016-01-06T14:47:03","modified_gmt":"2016-01-06T19:47:03","slug":"a-disturbing-warning-from-ubs-buy-gold-because-a-30-bear-market-is-coming","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=16110","title":{"rendered":"A Disturbing Warning From UBS: &#8220;Buy Gold&#8221; Because A 30% Bear Market Is Coming"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2016-01-06\/ubs-sees-30-bear-market-get-out-stocks-buy-gold\" target=\"_blank\">A Disturbing Warning From UBS: &#8220;Buy Gold&#8221; Because A 30% Bear Market Is Coming<\/a><\/h3>\n<div class=\"tabs\">As Wall Street axioms (Santa rally, January effect, as goes January etc.) are rapidly falling by the wayside at the start of 2016, following a chaotic but return-less 2015, the UBS analysts who correctly forecast last year&#8217;s volatility are out with their forecast for 2016.\u00a0<em><u><strong>It&#8217;s simple &#8211; Sell Stocks, Buy Gold.<\/strong><\/u><\/em><\/div>\n<div class=\"node\">\n<div class=\"content\">\n<p>UBS Technical Analysts Michael Riesner and Marc M\u00fcller warn the<strong>\u00a0seven-year cycle in equities is rolling over.\u00a0<\/strong><\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01\/20160106_UBS4.jpg\"><img decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01\/20160106_UBS4_0.jpg\" alt=\"\" \/><\/a><\/p>\n<p>UBS expects S&amp;P 500 to move into a 2Q top and<u><strong>\u00a0fall into a full size bear market, with risk of a 20% to 30% correction into minimum later 2016\u00a0<\/strong><\/u>and worst case early 2017<\/p>\n<blockquote>\n<div class=\"quote_start\">&#8220;The comeback of volatility was the title of our 2015 strategy.\u00a0<strong>Last year\u2019s rise in volatility was in our view just the beginning for a dramatic rise in cross-asset volatility over the next few years,&#8221;<\/strong><\/div>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01\/20160106_UBS8.jpg\"><img decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01\/20160106_UBS8.jpg\" alt=\"\" \/><\/a><\/p><\/blockquote>\n<p>Noting that while equities have had a good run, Risener and Muller warn,<strong>\u00a0&#8220;we are definitely more in the late stages of a bull market instead of being at the beginning of a new major breakout.&#8221;<\/strong><\/p>\n<blockquote>\n<div class=\"quote_start\">Our key message for 2016 is that even if we were to see another extension in price and time, we see\u00a0<strong>the 2009 bull cycle in a mature stage, which suggests the risk of seeing a significant bear cycle event in one to two years.<\/strong><\/div>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01\/20160106_UBS2.jpg\"><img decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01\/20160106_UBS2.jpg\" alt=\"\" \/><\/a><\/p>\n<p>S&amp;P-500 trades in 4th longest bull market since 1900 Bear markets are defined by a market decline of 20% and more. It\u2019s a fact that since its March 2009 low, with 82 months and a performance of 220%, the S&amp;P-500 now trades in its 4th longest and 5th strongest bull market since 1900. So from this angle alone we suggest the 2009 bull cycle has reached a mature stage.<\/p>\n<p><u><strong>Keep in mind, since 1937 the average downside in a 7-year cycle decline was 34%&#8230;<\/strong><\/u><\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<blockquote><p>&nbsp;<\/p><\/blockquote>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Disturbing Warning From UBS: &#8220;Buy Gold&#8221; Because A 30% Bear Market Is Coming As Wall Street axioms (Santa rally, January effect, as goes January etc.) are rapidly falling by the wayside at the start of 2016, following a chaotic but return-less 2015, the UBS analysts who correctly forecast last year&#8217;s volatility are out with [&hellip;]<\/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":[1750,7576,374,9932,11532,4919,11533,572,670,753,1029,2773,4318],"class_list":["post-16110","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bear-market","tag-etc","tag-gold","tag-high-yield","tag-moving-averages","tag-nasdaq","tag-nasdaq-composite","tag-nikkei","tag-recovery","tag-stocks","tag-ubs","tag-volatility","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16110","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=16110"}],"version-history":[{"count":3,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16110\/revisions"}],"predecessor-version":[{"id":16113,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16110\/revisions\/16113"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}