This article was published by The McAlvany Intelligence Advisor on March 22, 2016:
Harry Dent, the author of The Great Crash Ahead, says that the current rebound in stocks is a head-fake of the first order, that the end of the seven-year bull market in stocks occurred last May. He said just look at a three-year chart of the SPX (Standard and Poor’s 500 Index) and see the rounded top formation.
Instead, talking heads all across the media are calling the recent rise following the precipitous decline that began the first day of trading of 2016 just a speed bump, a hiccup as the seven-year-long bull market in stocks is getting its second wind.
Markit Ltd., the monster financial services and advisory company located in London, issued its first warning in late February with its flash that its services purchasing managers’ index