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MacroVoices #321 Ole Hansen: The Commodity Supercycle Has Begun

Macro Voices

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The Market Correction

We have now seen oversold conditions enough that if it was just a market correction, then this would be typically where we get some very extreme oversold conditions. And certainly it no longer fit the criteria of a correction, but rather could even start getting into bearmarket territory if we saw that. The other think to kind of collaborate that is looking at the volatility index, or the vix on page four. This is an important moment when we're going to find out, does the stock market behave the way it's been behaving in the last year? Or are we about to see the flood gate open and something more ominous is about to occur?

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