U.S. Market Cycle Indicators Chart suggesting that the current business cycle’s end is not imminent in the U.S.. The risk of a bear market is low when the number of market cycle indicators is greater than 10. Image: Richardson GMP
Market Cycle Back Tested over the Years Chart suggesting that the end of a bull market often occurs when the percentage signals that are bullish fall to 30% or below. Image: Richardson GMP
Cumulative Mutual Fund + ETF Flows by Bull Market Cycle: Bonds vs. Equities Flows Is this the most hated bull market in history? Well, investors continue buying bonds. Image: ICI Mutual & ETF Flow
Leon Cooperman: Bull Market Cycles Don’t End at Fair Valuation, They Ended at Overvaluation “There is still more room for the market to run. We have a slowdown but not a recession and the market is ok.” Leon Cooperman (Omega Advisors founder) is a great value investor. https://www.youtube.com/watch?v=Xz6ihkuW1AM
‘We are entering into the later market cycle,’ says portfolio manager Mike Morey, CIO of Integrity Viking Funds, says why investors should be more risk averse at this point of the cycle. https://www.youtube.com/watch?v=g_vVdwtu6SM
A Conversation with Howard Marks: Mastering the Market Cycle Legendary investor Howard Marks speaks about market cycles and how to profit from them. https://www.youtube.com/watch?v=Xbs5e5pcVYI
Howard Marks: Pattern Recognition In Markets, Portfolio Positioning and Market Cycles (2018) Howard Marks speaks at UCLA Anderson School of Management with Alfred E. Osborne about cyclical indicators and historic market patterns to find opportunities. https://www.youtube.com/watch?v=6ATUoZ6qjpI
Emerging Markets Monetary Policy vs. Economic Cycle (Leading Indicator) Chart suggesting that EM monetary policy easing is likely to increase economic activity in the coming months. Image: Topdown Charts
China Domestic Policy and Emerging Markets Growth Cycles Great chart suggesting that changes in China domestic policy have been a big driver of EM growth cycles. Image: Goldman Sachs Global Investment Research
Emerging Markets and Liquidity Cycles This chart shows that investing in emerging markets also requires an understanding of global liquidity cycles. Image: Fidelity Investments