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It’s A Bear Market Already! | Seeking Alpha

January 21st, 2016 · No Comments

  • Most stocks are in a bear market already, given that the US indices were held up by a few very large gains of some titans like Amazon and Netflix.
  • Earnings are moving downwards on average, although mostly due to energy and materials.
  • The quality of earnings also leaves much to be desired.
  • Yet this is all about China, but even if China devalues substantially this won’t repeat 2008, we feel.

Source: It’s A Bear Market Already! | Seeking Alpha

Tags: The Markets