Every bear market has these two things in common:

They end
Expected returns go up 

It’s not a trick question. Just look at it and tell me what primary the trend is.

“The S&P 500’s rejection from its 200-day average and subsequent downside gap is a bearish warning”

This is where we live now

that’s what we’re doing here, in this profession – getting our people through to the other side.

So what’s going to happen next?

If stocks get cut in half and the economy’s participants all decide to get “risk-off” in their posture and their allocation decisions, the coins are going down.

The bear market will end when stocks stop going down.

There are a few green stocks in the market today, and by “a few”, I mean you can count them on two hands and still have a few fingers left over. To gag yourself with. Those green stocks are things like Kohl’s (a special situation takeover story) and then it’s like grocery stores and shoe…

The longer the recession, the worse the stock market’s trough