QE and Fiscal stimulus already distort the Economic business model cycle proposed by Armstrong.
Judge by the level of commodities indexes and oil price correction depth level, we already had a financial crisis. now fiscal stimulus and QE can serve as a ICU, cover the real situation of a person.
Minor correction line, uncertainty event drive as main reason. (Brexit, Election) it's interesting that in a bullish trend, market follows a log channel nicely. (previous 3 cycles)
Will it be able to touch the upper channel line before have another correction?
US Financial sector Bank relative growth vs 10y-2y yield spread you can see the high correlation between the two.
ISM PMI vs US dollar index, tend to negative correlated