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The second wave of a rolling bear market is about to begin, says top forecaster

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A grizzly bear swims at pandemic hard-hit Oakland Zoo in California this summer.


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A recent spate of stock drops, exacerbated by signs of a second wave of the coronavirus pandemic, is unsettling to say the least. The market selloff of last spring was brief, but brutal.

Our call of the day is from Yves Lamoureux, the president of macroeconomic research firm Lamoureux & Co., who says the second COVID-19 wave is about to usher in another stock pullback

Lamoureux, who correctly predicted a panic event of 2018, originally forecast a three-part rolling bear…



Source marketwatch.com

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