The peak of the SPX in 2000 to the peak of the subsequent bear market rally == 5 months.
The peak of the SPX in 2007 to the peak of the subsequent bear market rally == 7 months.
If we count the peak of the SPX in 2020 to start from January, we're 4 months in.
I've read that the bear market continues not when the yields invert, but when the yield curves steepen.
We see a steepening of the bond yields happening right now.
It hurts to see the continuing rally despite the contradicting facts. But I'm trying to think beyond September...
War is peace.
Freedom is slavery.
Ignorance is strength.
The peak of the SPX in 2007 to the peak of the subsequent bear market rally == 7 months.
If we count the peak of the SPX in 2020 to start from January, we're 4 months in.
I've read that the bear market continues not when the yields invert, but when the yield curves steepen.
We see a steepening of the bond yields happening right now.
It hurts to see the continuing rally despite the contradicting facts. But I'm trying to think beyond September...
War is peace.
Freedom is slavery.
Ignorance is strength.