A stock-market bear signal is at a more-than-4-decade high, says Goldman
When something reaches a 40 year high, it is probably a good time to take a look at it.
This is the case with Goldman Sachs bull-bear indicator. It is now at a point not seen since the 1970s. According to this outlook, the chance of a recession is high. At the same time, it is also expected that lower returns will be the norm compared to what people are accustomed to recently.
Goldman is not saying that all is done and run for the hills. This outlook is pre-mature in addition to being exaggerated.
To read more about this, click on image.
You got a 22.65% upvote from @minnowvotes courtesy of @steemium!
Nice
Please don't tell that there will be recession this time, in India we are dependent on US markets which could affect lots of jobs, if recession occurs
Posted using Partiko Android
You got a 20.76% upvote from @brupvoter courtesy of @steemium!
You got a 24.40% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!
You got a 20.03% upvote from @postpromoter courtesy of @steemium!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
Definitely in a Big Fat Ugly Bubble... market will crash this week... down 80% again
Posted using Partiko iOS
You got a 23.93% upvote from @dailyupvotes courtesy of @steemium!
You got a 19.76% upvote from @emperorofnaps courtesy of @steemium!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
You got a 19.24% upvote from @upmewhale courtesy of @steemium!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!