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?Ep. 436: In Bear Markets Rallies Are Corrections
The Peter Schiff Show Podcast - Episode 436
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It Is Not a New Bull Market -
The U.S. stock market averages continued the bear market correction - the correction actually extended for another week. We capped a strong week with a strong gain today across the board. But this is a correction. It is not a new bull market. But of course, if you watch stations like CNBC you wouldn't know that. All day today all they kept talking about on CNBC was that the market is now out of correction territory, meaning that it is no longer down 10% from the highs, and so we're no longer in a correction.
We Entered a Bear Market -
...
https://www.youtube.com/watch?v=UQaKJIiENGU
RATE AND REVIEW this podcast on Facebook.
https://www.facebook.com/PeterSchiff/reviews/
It Is Not a New Bull Market -
The U.S. stock market averages continued the bear market correction - the correction actually extended for another week. We capped a strong week with a strong gain today across the board. But this is a correction. It is not a new bull market. But of course, if you watch stations like CNBC you wouldn't know that. All day today all they kept talking about on CNBC was that the market is now out of correction territory, meaning that it is no longer down 10% from the highs, and so we're no longer in a correction.
We Entered a Bear Market -
...
https://www.youtube.com/watch?v=UQaKJIiENGU
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