State of the Market

Global stock markets continue to move in an overall downward direction despite some near term bounces to the upside. These bounces provide a good opportunity to move out of stocks and into more secure short term bond funds or cash. If the markets continue to move the way they have over the past 9 months we can expect a major drop in the indexes on the scale of the “Dot.Com” crash of 2000 or the “Great Recession” of 2007.

The post is updated during the 1st week of every month. Please feel free to use this as your guide.

Click on Chart to enlarge