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:
Election Years Are Different | Tom McClellan
-
We are now firmly into this election year, with both major parties'
candidates determined. This moment is pretty early for that type of
resolution. It ha...
3 minutes ago