A close look at sectors can tell us where we are in the economic cycle. The chart below from Chris Vermeulen via LinkedIn shows that the dominant sectors currently are utilities and precious metals which occur typically at the very end of business cycles as we enter a major bearish phase:
Zurcher Kantonalbank Zurich Cantonalbank Increases Position in Best Buy
Co., Inc. (NYSE:BBY)
-
Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of
Best Buy Co., Inc. (NYSE:BBY – Free Report) by 46.6% in the 4th quarter,
accordin...
5 minutes ago