The S&P 500 Just Printed A Rare Demark Buy Signal
The S&P 500 Index is flirting with bear market territory, down almost 20% year to date.
There are plenty of reasons for equity investors to tread more cautiously these days. Most importantly, the Federal Reserve has pivoted to a hawkish monetary policy while economic momentum is starting to slow. Historically, that’s an unhealthy combination for risk assets.