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:
BlackRock CEO Issues An ‘Urgent’ $34 Trillion Warning That Could Trigger A
Bitcoin Price Earthquake
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The chief executive of the world's largest asset manager BlackRock has
issued an "urgent" warning over the growing $34 trillion U.S. debt
pile—which some t...
44 minutes ago