Every Market Crash Warning Signal Is Flashing Red — and the S&P 500 Is Up 12% Anyway. History Says the Alarmists Are Wrong More Often Than You Think.
Even historically reliable market warning indicators can be wrong — or simply premature.
Overview
Should investors be worried right now? If you consulted a Magic 8 Ball, it might respond: "Signs point to yes."
Practically every market crash warning signal is currently flashing red. Meanwhile, the S&P 500 (SNPINDEX:^GSPC) continues to climb the proverbial "wall of worry," with the index up by a solid double-digit percentage so far this year.
Details
However, perhaps the best Magic 8 Ball answer to the question might be "ask again later." History shows that the most widely followed market crash warning signals are wrong more often than you think.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.