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:
Roland Garros Unveils Second Retractable Roof Ahead Of French Open And
Olympics
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The new roof, designed by architect Dominique Perrault, can close in 15
minutes.
11 minutes ago