A close look at sectors can tell us where we are in the economic cycle. The chart below from Chris Vermeulen via LinkedIn shows that the dominant sectors currently are utilities and precious metals which occur typically at the very end of business cycles as we enter a major bearish phase:
OLD National Bancorp IN Reduces Holdings in Corning Incorporated (NYSE:GLW)
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OLD National Bancorp IN decreased its position in Corning Incorporated
(NYSE:GLW – Free Report) by 5.4% in the 4th quarter, HoldingsChannel.com
reports. Th...
22 minutes ago