...Warning: Cyclical bull ends in 2011, new cyclical bear roars back
At the beginning of 2011 USA Today reported a contrarian forecast. Ned Davis Research says the S&P 500 will make a run at the 2007 high of 1,565, but hit a “midyear peak.” Then it will crash as interest rates rise. Davis concludes: “The midyear peak could mark the end of the cyclical bull market that began in March 2009 and the start of a new cyclical bear market.” ... >>> Read full article here
Comments : Let's monitor closely!
1. SPX (lead first) has been trending nearer to 2007 high!
2. Asia stock market indices (SSE likely midway or higher) likely around midyear depending on middle east unrest
3. EU stock market indices likewise.
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