The last two times of market recessions, Dotcom and the Great Recession both times the stock market did not hit bottom until 3yrs after the inversion happened. Meaning we are only 129 days into this one. I would take advantage of this current rally and not get overly long on positions, but sell out of positions into strength. The FED has made it clear there will be more pain ahead, and they will only strengthen their resolve next meeting. Either way, a .50 basis or a .75 move is on the table stocks will not bottom until the inversion starts to un-invert, as proven in the past.
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