Stocks Down in January and February Have Bulls Worried

The hits keep coming, as the Federal Reserve (Fed) did an intra-meeting cut yesterday, causing stocks to sell off hard on concerns the economy is on more fragile footing than most think. Read First Emergency Rate Cut By the Fed Since 2008 for our immediate thoughts on the Fed and the rate cut.

The other big worry is the potential impacts of COVID-19 (aka, the coronavirus) on the global economy. We’ve discussed our views on this many times recently, so today we will take a look at another potential warning sign.

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