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Stocks could sink into a bear-market recession, says technician. Here are five signals on when it likely starts.

Por: MarketWatch Business August 01, 2023

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“We continue to respect the rally and acknowledge the trend in equities is still higher, but we remain ‘patient bears’ with regard to stocks given the deeply inverted yield curve,” Richey wrote in a Monday report.  “We view the fact that most Treasury spreads have inverted to levels not seen since the early 1980s as a clear warning sign that the more than 500 basis points of Fed rate hikes in less than 18 months was way too much for... + full article



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