ASSESSING THE DOWNSIDE OF THE 2018 BEAR MARKET
Last week was significant in the financial markets in many respects and our global scenario is playing out almost to the dot.
As we wrote many times during the first quarter of 2018, global equity markets, and the US equity market in particular, have recorded a major top in January 2018 and we see it as THE top of the bull market that started in 2009.
This Week we are changing the format of our Weekly Market Reviews merging them all into one single post where we review the financial markets and focus on issues that we see worthy of interest through charts and comments.
There are times in the financial markets, like in politics, where it is best to withdraw and stay on the sidelines waiting for better times.