Has the Fed Made a New Bear Market Possible?


Before we discuss the present, we need to lay some groundwork; a look backward to help us look forward.  In 2013, we had a similar -- albeit 180 degrees reversed -- situation, so let's begin there.

On January 14, 2013, I published an article titled A Survival Guide for Bears in a Bulls' World.  I wrote that article because a lot of my readers were bears at heart, but many of the charts I studied pointed the other direction, toward a massive bull market. 

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