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MacroVoices #339 Lakshman Achuthan: Leading Indicators Say The Bear Market Has Not Ended
Macro Voices
Is the Stock Market in a Recession?
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Locke: The forward looking data is not even starting to really bottom out. And therefore, the prospect of going from like one of these shaded areas of down turns towards a white area of upturns is extremely low. Now, the good news is we can only see a couple of quarters head, two or three quarters ahead, right? So it doesn't mean this is indefinite, but it does say i would be keeping some powder dry for now.
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