“Everything suggests to me that the world is, in fact, in a bear market and that what we’re having is the end of the first bear market rally…
According to my work, the final low of the bear market is not now–it’s not even this year. It’s next year and it will be quite a bit lower than we are now in virtually all markets…
The economies are cooling down, some more than others, and Janet Yellen doesn’t want to crash things”.
Thoughts are from our recent conversation with Robin Griffiths, Chief Technical Strategist at The ECU Group, which can be listened to on the Newshour podcast page here or on iTunes here.
