Charts Of The Week: 10 Reasons To Be Cautious In This Market

Jon Alternative Media, Blogosphere, Market Commentary

Submitted by Lance Roberts via RealInvestmentAdvice.com,
Visualizing 10-Reasons For Caution
Just recently, David Rosenberg in a recent research note, laid out 10-reasons to be cautious in the market. I thought it would be useful to look at each of these in a visual form to get a better idea of what he is addressing.
The obvious reason to look at these indicators is that market records are records for a reason. As I wrote previously:
‘First, ‘record levels’ of anything are records for a reason. It is where the point where previous limits were reached. Therefore, when a ‘record level’ is reached, it is NOT THE BEGINNING, but rather an indication of the MATURITY of a cycle. While the media has focused on employment, record stock market levels, etc. as a sign of an ongoing economic recovery, history suggests caution. The 4-panel chart below suggests that current levels should be a sign of caution rather than exuberance.’

This post was published at Zero Hedge on Feb 25, 2017.