The probability of a new bear stock market is rising

SentimenTrader/Jason Goepfert

Repost from 9-13-2021

Bear Market Probability Model
SPX    Bear Market Probability Model

line chart showing SentimenTrader's bear market probability model

“Even as the major equity indexes vacillate near record highs, macro conditions are deteriorating and the probability of trouble is rising. Economic reports have been coming in below economists’ expectations, both domestically and globally. As another reflection of those weak reports, our Macro Index Model has been deteriorating.”

USAGOLD note: Bloomberg reports that six major Wall Street banks recently issued ‘red alerts’ on a possible stock market correction – Morgan Stanley, Bank of America, Deutsche Bank, Credit Suisse and Goldman Sachs. (Please scroll to post immediately below for details.)

Share
This entry was posted in Today's top gold news and opinion. Bookmark the permalink.