Investment strategist Doug Ramsey warns that the current bull market may be coming to an end. He points to several key indicators, including the recent below-expected US jobs report, which could signal labor-market trouble and potentially tip the economy into recession by mid-next year.
Ramsey suggests that investors take heed of these signs, particularly when markets are as bullish as they currently are. This could be a warning sign that something is amiss, and investors should consider adjusting their strategies accordingly.
In his view, Ramsey advises being cautious and considering rebalancing portfolios to ensure alignment with investment goals. He would even go so far as to say he would be “well below” his maximum equity allocation if he were in the investor’s shoes.
As the market continues to navigate uncertain economic conditions, investors should remain vigilant and prepared for potential downturns. By paying attention to these warning signs, they may be able to make informed decisions and protect their investments.
Source: https://www.marketwatch.com/story/7-big-clues-that-a-recession-is-going-to-clobber-the-stock-market-f157bfb9