Markets have not reached danger zone levels that precede a bear market, says Goldman Sachs

Markets have not reached danger zone levels that precede a bear market, says Goldman Sachs

Adding that markets are at levels typically consistent with corrections and relatively low returns over the next 1 to 5 years.That's an interesting ta

Bear of the Day: Angi Inc. (ANGI)
Crypto Analyst Who Called Previous Bear Market Says Bitcoin Has Violated Its Parabolic Advance
Breaking News – FX Short Films Nash Edgerton’s Short Film Trilogy “Spider, Bear and Shark” Released Today on Hulu

Adding that markets are at levels typically consistent with corrections and relatively low returns over the next 1 to 5 years.

That’s an interesting take but perhaps one that is probable considering the inflation and central bank backdrop. However, there is still a ton of money floating around and with real yields barely enticing, TINA might still be the way to go if we do see any deep retracements/corrections in the months ahead.

SPX D1 26-01

After yesterday’s drop, the S&P 500 is down 8.6% on the year so far. While breaking some key support levels recently, that is hardly a major correction for something that is still up by nearly 95% since the depths of the pandemic.

www.forexlive.com

COMMENTS

WORDPRESS: 0