The Importance of Expectation Breakers in the Market

The last time the market had an inversion of the yield curve, it was in August of 2006. Good stocks are around five, eight percent and that's an expectation breaker. And we've noticed that when that happens, that can change the market and it can bring the market all the way down. That's what happened back in 2007 for anyone listening. On November 1st, you had an expectation breaker; that was the beginning of that terrible bear market. Since then, some of the leading stocks have been hit here and there,. but the market's been doing exactly what it needed to do since then.