Market Ethos - October 12th, 2018

Well That Escalated Quickly

 

Given the strong market sell-off yesterday and continued weakness today, we have published an early Market Ethos this week. In this report we share our views on the market weakness, what our Market Cycle indicators are telling us plus a look at valuations. Given the data this does appear to be a normal corrective phase and not he start of something more ominous.