A close look at sectors can tell us where we are in the economic cycle. The chart below from Chris Vermeulen via LinkedIn shows that the dominant sectors currently are utilities and precious metals which occur typically at the very end of business cycles as we enter a major bearish phase:
Is Something Starting To Break? Stocks Plummet And Bonds Go Nuts As
Economic Data Disappoints
-
Are the financial markets headed for trouble? There was quite a bit of
panic on Wall Street on Thursday after more bad economic numbers were
released. ...
51 minutes ago