The Big Picture Hasn’t Changed: Don’t Get Sucked Back Into The Stock Market
By Justin Spittler
ActivistPost.com
JULY 21, 2016
Stocks are on a tear right now…
Today, the S&P 500 hit a new all-time high. It topped 2,130 for the first time since May 2015. The benchmark index is now up 6.9% over the past two weeks.
All good, right?
It might seem that way…if we were only analyzing U.S. stocks.
The thing is, in nearly every other market, stocks are still headed lower:
The Japanese Nikkei 225 is down 15% this year. It’s down 28% since last June.
The STOXX Europe 600, which tracks 600 large European stocks, is down 9% this year. It’s fallen 20% since April 2015.
The FTSE 100, Great Britain’s version of the S&P 500, is down 6% since last April.
And that’s not all. If you’ve been reading the Dispatch, you know the global economy is not in good shape. Corporate earnings are falling. Stocks are expensive. GDP growth is stalling.
So why are U.S. stocks making new highs?
Today, we take a look at the big picture to help you make sense of the market’s mixed signals. As you’ll see, right now is a dangerous time to get back into stocks…
First the good news…
The Rest…HERE
