A close look at sectors can tell us where we are in the economic cycle. The chart below from Chris Vermeulen via LinkedIn shows that the dominant sectors currently are utilities and precious metals which occur typically at the very end of business cycles as we enter a major bearish phase:
The S&P 500 and the Election Year Cycle | Robert Miner
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I am recording this on April 25th and am going to talk about the S&P 500
and the election cycle today. [...] Within the next three weeks there is
going to ...
24 minutes ago