Seven Of The Last Eight Bull Markets Ended At The Onset Of A Recession, A Recession Is Increasing Likely, 10 Warning Signs Of A Stock Market Crash…
Investmentwatchblog.com
April 28th, 2014
Only a recession can kill this bull market, say analysts at RBC
Investors are hotly debating whether this five-year-old bull market can tack on more years of spectacular growth. But a strategist at RBC Capital Markets has a boldly simple prognosis for the years ahead: it would likely take a recession for the market to reverse course
After 30% gains in 2013, the S&P 500 index SPX -0.57% is up a mere 0.81% on an operating basis so far in this year. Given the fraught push forward in 2014, investors have approached the bull market with feelings of trepidation.
But Jonathan Golub, chief U.S. market strategist at RBC Capital Markets, wants you to consider this: “rallies do not end when they get tired, they end when recessions ensue.” In a Monday note to clients, he writes that seven of the last eight bull markets ended at the onset of a recession:
The Rest…HERE
