After last week’s Tuesday-Wednesday “sell everything” stock market decline, the Thursday-Friday rise looks like a turnabout confirmation. Dow Jones Industrial Average - Daily graph for year-to-date John Tobey (StockCharts.com)Second – There is no bear marketAlthough a bear market does not mean a recession will occur, all recessions are preceded by a bear market. Wall Street is always looking ahead, which is why the stock market is a leading indicator of economy trends. The 2018 fourth quarter bear market is a good example. Instead, follow Wall Street’s lead and focus on how the stock market will fare in 2020.
Source: Forbes October 06, 2019 20:03 UTC