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:
Amazon Launches Sign-Up App For Its Palm Payment Service—Here’s Why Some
Privacy Experts Have Concerns About The Feature
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The feature provides a way for users to complete transactions without cards
or phones and could previously only be signed up for at physical locations.
40 minutes ago