This gauge points to a major bear market and a recession

The indicator shown in the above chart (red line) leads a major bear market in equities (blue line) and a recession by several quarters.

Details will be discussed in depth in the next issue of The Peter Dag Portfolio.

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Thank you for visiting this site.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977 
Author, Profiting in Bull and Bear Markets

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