Teetering On The Brink Of Disaster: 14 Of 19 Bear Market Signals Have Now Been Triggered

Teetering On The Brink Of Disaster: 14 Of 19 Bear Market Signals Have Now Been Triggered

According to Bank of America, 14 out of their 19 “bear market indicators” have now been triggered…

Bank of America keeps a running tally of “signposts” that signal looming bear market. The bad news is that 14 of these 19 indicators, or 74%, have been triggered. Two more were toppled earlier this month: the VIX volatility index (VIX) climbed above 20 and a growing number of Americans expect stocks to go up.

Of course not all 19 indicators need to be triggered in order for a bear market to happen.  These indicators are simply signposts, and what they are telling us is that big trouble could be brewing for the financial markets.

via Teetering On The Brink Of Disaster: 14 Of 19 Bear Market Signals Have Now Been Triggered