The Bear Market is OVER?

8 patterns from history. [Altucher Confidential] April 26, 2023 [WEBSITE]( | [UNSUBSCRIBE]( The current market's behavior remains uncertain for a host of reasons, but it's crucial to stay vigilant. Bears are where the money is made. [Hero_Image] The Bear Market is OVER? By Chris Campbell ***THE VICE PRESIDENT’S OFFICIAL MESSAGE*** This is a special courtesy reminder from the Vice President Of Publishing Alerting you to a major opportunity in our business... …that could have a direct and immediate impact on your financial future. [Click Here to see the Vice President of Publishing's 2-minute clip explaining everything](. [Chris Campbell] CHRIS CAMPBELL Dear Reader, Picture this: a world where armchair finance gurus are as abundant as pigeons in a city square. One coos that the bear market is over, while another flaps its wings and warns of further decline. Of course, you don’t have to imagine it. That’s social media, where everything can be proven and almost nothing is true. Instead, let's unplug today. And take a stroll down memory lane. Examine history. To do so, we turn to Russell Napier's book Anatomy of the Bear. In it, Napier dissects the four major bottom points in the U.S. stock market from the Roaring Twenties to the Reagan era. You’ll recall… → 1921 was the bottom of a severe bear market triggered by the end of World War I and exacerbated by the Spanish Flu pandemic. → 1932 was the bottom of the Great Depression, triggered by the stock market crash of 1929. → 1949 was the bottom of a post-war bear market triggered by the end of World War II and the demobilization of troops. → 1982 was the bottom of a bear market triggered by high inflation and interest rates. Napier draws lessons from these historical bottoms to help investors identify future opportunities and navigate financial turbulence. AND he uncovered eight common patterns and trends that marked the end of the bear. Before we go there, however… Here’s a quick invitation that slid across our desks earlier today from our colleague, Jim Rickards. (Expires tomorrow.) --------------------------------------------------------------- [Jim Rickards] JIM RICKARDS Hi, Jim here. Let’s cut to the chase. I spent years as Wall Street’s highest paid lawyer. And, I’m on a first name-basis with some of the richest, most powerful financial figures in America. My network includes former CEOs of JP Morgan... Goldman Sachs... Citi Group... Bank of America...and a duo of hedge fund managers that won a Nobel Prize for their economic contributions. I don’t say this to brag, but to give high praise to a man I’m calling “The Banker” -- the biggest money maker in my inner circle. On April 27th at 7pm ET, I plan to formally introduce you. Don’t miss it. [(Click HERE to RSVP for this special appointment...)]( Clicking the link above automatically registers you for Rickards Rolodex, but does not obligate you in any way to attend the event. By reserving your spot, you will receive event updates. We will not share your email address with anyone. And you can opt out at any time. By reserving your spot, you will receive event updates. We will not share your email address with anyone. And you can opt out at any time. [Privacy Policy.]( --------------------------------------------------------------- Urgent Notice From Paradigm CIO Zach Scheidt! [Click here for more...]( Hi, Zach Scheidt here… I’m the Chief Income Officer at Paradigm Press. With inflation raging (and showing no signs of coming to an end any time soon), almost everyone in America is feeling the pain in a big way. Which is why, several months ago, I set out on a big mission… my goal was to create a [complete, step-by-step plan to surviving and beating inflation]( one that anyone could take advantage of. Today, after hundreds of hours of research, I’m revealing all of my findings. [Simply click here now to see how to survive America’s deadly inflation crisis](. Timing bear markets can be an incredibly challenging task. So much so that most people are better off just dollar-cost averaging into their favored stocks. Yet, it does help to know the signs. Here are eight ways the Big Four Bears bottomed out in the past, according to Napier. While our current times may seem exceptional, history has a tendency to rhyme. 1.] Bears dying on low volume. First up, bears die on low volume, not massive capitulation. You might think that a bear market would end with a big drop and high trading volumes, but that's not usually the case. In fact, it's often the opposite. When trading volumes are low, it could be a sign that the bear market is bottoming out. Keep an eye out for rising volumes during rebounds and falling volumes during weakness. 2.] Tricky bears and false recoveries. Bears are tricky and can lead investors astray. They might make you think that a recovery is on the way, only to hit you with more financial pain. Don't be fooled, a true bottom is only reached when there's widespread despair and disdain for stock investing. 3.] Tenacious bears. Bears can be tenacious and may take a long time to end. Just look at the bear market of 1921, which took over ten years to move from overvaluation to undervaluation. Rapid transformations are the exception, not the rule. 4.] Bears departing before earnings recover. Investors who wait for a complete recovery in corporate earnings may miss out on the early stages of a stock-investment rebound. Instead, focus on individual stocks with strong balance sheets and low debt within nimble sectors and industries. 5.] Inconceivable damage. Bears can cause incredible damage, especially for investors who have never experienced one. With the massive fiscal and monetary stimulus we're seeing, we might be looking at a contraction somewhere between the Great Depression and the Great Recession. 6.] Bear markets ending on general price stability and strong demand for durables. The end of bear markets has historically coincided with a return to general price stability and a surge in demand for durable goods. Keep an eye on the recovery of industrial metals and key economic indicators. 7.] Bears no longer declining on bad news. Large short positions combined with a market that fails to decline on bad news have been overall positive indicators in the past. Also, limited stock purchases by retail investors may also signal that a market bottom is being established. 8.] Economy leading stocks higher. While markets usually lead the economy, this pattern didn't hold true for the four great bears. In these extreme cases, the bottoms for the economy and the equity market were aligned, and sometimes the economy even led stocks higher. The current market's behavior remains uncertain for a host of reasons, but it's crucial to stay vigilant. Bears are where the money is made. Until tomorrow, [Chris Campbell] Chris Campbell For Altucher Confidential --------------------------------------------------------------- Urgent: Currency Wars Alert “Worst case scenario is almost inevitable” -Former Pentagon Insider Jim Rickards [Click here to learn more]( In my 2011 book, I warned that the U.S. was engaged in a currency war. And that these wars: “Degenerate into sequential bouts of inflation, recession, retaliation and actual violence as the scramble for resources leads toinvasion and war. ” Now with Putin invading Ukraine…Rising tensions with China… Inflation, recession, and supply chain issues all hitting the U.S. economy at the same time. It seems as if some of my worst fears have finally come true. [That’s why I’ve recorded an urgent video message.]( To update you on exactly what you need to be doing to protect yourself. Because if history is any indicator, this will not end well. [Click here to view my urgent video message.]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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