Thursday , July 18 2019
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Nobody Rings a Bell At The Top

Summary:
It may be a good time to remind everyone of an old market adage: Nobody will ring a bell when market cycles end. There won’t be a grand announcement that a top is in. There won’t be a massive reversal that will make it clear to everyone that a major top is in, a top for years to come. Wall Street won’t announce it, nor will the Fed, and any warnings will be dismissed. https://northmantrader.com/2019/07/10/nobody-rings-a-bell/

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It may be a good time to remind everyone of an old market adage: Nobody will ring a bell when market cycles end. There won’t be a grand announcement that a top is in. There won’t be a massive reversal that will make it clear to everyone that a major top is in, a top for years to come. Wall Street won’t announce it, nor will the Fed, and any warnings will be dismissed.

https://northmantrader.com/2019/07/10/nobody-rings-a-bell/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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