Apr 3, 2018

Stock Market: We Are In A Bear Market

We're in a bear market, it's just not officially acknowledged yet. You know, just like a lot of times you know they don't acknowledge the recession until after you have two quarters of negative GDP growth but clearly you're in the recession for a long time before it's officially admitted. 

There's one caveat if the Federal Reserve comes in and changes the game by taking away the rate hikes or launching QE 4 then we may never make it to a bear market. But if the Federal Reserve continues on its current path and maintains the current pretense then we are in a bear market and it's only a question of time before it is officially acknowledged.

Related trading instruments: 

  • SPDR S&P 500 Index ETF (SPY)
  • SPDR Dow Jones Industrial Average ETF (DIA)
  • iShares Russell 2000 Index ETF (IWM)
  • Nasdaq 100 Index ETF (QQQ)