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The End Of The Bull Market

August 11th, 2016 · No Comments

  • Profits are declining, valuations are stretched, the world economy is slowing and the Fed could increase interest rates further.
  • There are also significant risks in the world economy and the materialization of one could trigger others in a cascading effect that can do serious damage to the world economy.
  • More fundamentally, the whole underlying model of stock gains is running into its own limitations, in our view.
  • All of which suggest that indexes will struggle to go materially higher and the risks are on the downside.

The End Of The Bull Market | Seeking Alpha

Tags: The Markets