Grant Cardone: S and P 500 streak is historically rare
@GrantCardone: Cardone on S and P 500 streak
Grant Cardone highlights economist David Rosenberg's analysis of the S and P 500's recent nine-day rise. According to Rosenberg, this occurrence is extremely rare, having happened only 0.25 percent of the time in the past century. Moreover, he points out that 80 percent of these instances took place in recessionary environments, with the 1987 market crash as a notable example. Cardone poses the question of whether this rare event signals a bullish or bearish market trajectory.
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In the previous news, tweet author Grant Cardone discussedreal estate strategies.
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