The chart of the day is courtesy of Econmatters that shows bear market probabilities for the US stock market S & P 500 Index. The chart shows that despite the recent rally, the probability of a bear market is still pretty high:

Seasonality vs. Cycles: October Is the Midterm Sweet Spot—If the Switch
Holds
-
October's reputation as a crash month misinterprets the presidential cycle
and midterm sweet spot playbook. Since 1950, the S&P 500 has averaged a
+3.0% ga...
7 hours ago
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