The Crossroads for Stocks: A Bottoming Zone or the First Leg of a Bear Market?
January 14, 2019 at 11:02 AM EST
By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group The chart below may help to explain the dichotomy we find ourselves in. The decline in the price of the S&P 500 since October has been similar in magnitude to the declines in 2011 and 2015/16, shown above by the...