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:
Waterdrop (NYSE:WDH) Shares Gap Up After Dividend Announcement
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Waterdrop Inc. (NYSE:WDH – Get Free Report)’s share price gapped up before
the market opened on Tuesday after the company announced a dividend. The
stock h...
6 minutes ago