Economically Sensitive Assets Have Crashed… Are Stocks Next?

Sharing is Caring!

via GPC

While there are no guarantees in the markets… sometimes you get a significant “tell” from related assets.

With that in mind, let’s take a look at some charts comparing various economic growth asset classes vs. the S&P 500.

Take a look at Copper vs. the S&P 500:

Here are industrial metals vs. the S&P 500.

Here’s Lumber (another “growth” sensitive commodity) vs. the S&P 500.

See also  Dave Kranzler: Tech Companies In The Most Trouble? Gold Stocks Now Cheapest In 21 Years?

Looking at these three charts, it would appear stocks are due for a “wake up call.” Food for thought on this Friday.

See also  Jim Cramer Says Fed Pivot Means Buy Stocks?

Views: 3

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.