Hey friends,
I hope you had a wonderful Christmas, enjoying time with those you hold dear and celebrating the birthday of the Lord Jesus Christ. And Happy New Year!
Wow, the last several weeks in the stock market have been the wild west, haven’t they? Some say we’re in a bear market now. Others say it’s a major correction. A technical indicator of a bear market is a 20 percent decline in major indices from their highs. This has occurred in the Dow Jones, S&P, and Nasdaq indices. However, some attributes of a typical bear market, economy-wise, are not present at this juncture.
Today, I’ll give 13 links to some December MarketWatch articles on the debate of what’s going on with the stock market. One author appears more than once, namely Mark Hulbert, who writes often for MarketWatch (and one of my favorite authors as he uses much empirical analysis). Your views are welcomed and I’ll reserve my own opinion toward the debate on bear market/major correction for any potential discussion in the comment section. Here are the links:
Again, Happy 2019!!
Paul
Dr. Allen,
Thanks for compiling all these articles. I enjoyed them. So many opinions and so many disclaimers, I’m trying to decide if “this time is different,” but even if I do decide its different I will still have the problem of it being different in the way I expect.
Since some of the articles dealt with interest rates and yield curves here is a chart showing the yield rates of the 3 month, and the 2,5,10, and 30 years rates. I monitor it because it helps me form my own opinion as opposed to relying solely on articles about what the yield curve is doing. This is as of the close Friday, 12/28/18.
https://www.screencast.com/t/dt7lkXuEYB
Thank you for that comment, Julian. It is indeed another one of those squirrel crossing the road in front of an oncoming car (which way should I go?) times. Is it different this time and, if so, how will it be different?? Thanks for providing the helpful link.