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:
This Epic Winter Rail Trip Hops Between Europe’s Top Christmas Markets
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Europe’s Christmas markets are legendary, with snow-frosted wooden stalls,
warming mulled wine, giant ice rinks and sensational decorations.
33 minutes ago