A BEAR MARKET OR A NEW HIGH — HERE IS HOW TO TELL $AAPL $FB $AMZN $MSFT $NFLX $CRM $WDAY $ADBE $GOOG $GOOGL $QQQ $IWM $SPY $SPX $DJIA
Many investing gurus are predicting a bear market in U.S. stocks. And many more are predicting new highs. How can you tell who is right?
Let us examine with the help of a chart. Please click here for an annotated chart of the effective federal funds rate (which is set by the Federal Reserve) and S&P 500 Index SPX, -1.92% Please note the following:
• The chart shows that the effective fed funds rate has risen rapidly.
• The fed funds rate is still lower than where it should be, given the strength in the U.S. economy.
• The Federal Reserve has indicated that it is on course to raise the rate in December.… Please click here or the title below to read more.
November 20, 2018