>>21562201Maybe.
Though rate cuts I think have more to do with loan maturities coming up in the next 2-3 years that would cause a 2008 financial meltdown and US federal gov't debt load explosion if they kept holding at >5% Fed Funds rate.
Plus how NVidia has been propping up the entire S&P for months.
But these types of indicators can sit there signaling "DOWN!" for ages before an actual bear market.
Lots of smart dudes have been calling for a proper recession since 2022. WHEN is a very difficult call to make.
