I just wanna point out that in bear market history since year 1940 market ALWAYS bottoms at least 1 of this indicators:
1.After 10y 3m treasury has been inverted (its still most inverted in history). Usually the recession comes 6-12months after it has been inverted(October 2022)
2.In middle of reccession ( *if we have a reccession)
3.When unemployment peak/rise (it will eventually happen in 2023)
4.After FED pivot(it will probably happen sometime around 2023)
None of these 4 occured yet. Of course nobody has a crystal ball to predict what market will do with 100% guarantee but if happens that market didn't bottom after those 4 indicators come into play it will be the first time in 80 years that happens..
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