Out of steam

Any time there’s a sustained rally in the stock market – like the one we’ve had recently – I start bracing for the next leg down to new lows. And the charts seem to be suggesting this, too.

Wednesday, December 7, 2022

West Palm Beach, Florida

By Tom Dyson, Investment Director

We’re betting stocks are in a secular BEAR market, especially when priced in gold. Any time there’s a sustained ral…