by Justin Spittler
Casey Research
A key stock market indicator is flashing danger…
If you’ve been reading the Dispatch, you know U.S. stocks had a horrible start to the year. The S&P 500 fell 11% in the first six weeks, one of its worst starts on record.
However, stocks have come roaring back recently. The S&P 500 is up 7% in the last month, and only down 3% on the year. Many folks see this rally as proof that we’re back in a bull market.
• E.B. Tucker, editor of The Casey Report, disagrees…
Last September, E.B. boldly called the end of the bull market in U.S. stocks in an issue titled “R.I.P. 2009 – 2015 Bull Market.”