The Everything Rally
MRKT Matrix
00:00
The S&P 500's Negative 8.4% Six Month Annualized Change
The S&P 500 is a part of this index, so the fact that stocks have gone up is included in here. And we're still at a negative 8.4% six month annualized change. If you look at that little dotted line down 3%, there has been a recession to follow. So this is one of those indicators that even if I turned bullish, this would keep me up at night. Same with yield curving versions, same with contracting PMIs.
Transcript
Play full episode
