Is the Market heading to bear territory ?

Well? This is to continue my big fat market post.  The bear likes high interest rates because it grows with little leverage and no liquidity to feed growth. So the fed has the power to feed that bear or starve it. The other factor is unemployment.... Do you really know the real numbers behind that 5.5% ....does an engineer who works in a grocery store now counts as employed? ... That's another factor to consider. In addition, you got Japan, and Europe going into negative interest rates territory to battle slow growth , and their slow growth affects trades between us and them, our exports decrease affecting the GDP negatively, exports minus imports is part of the GDP equation. Last but not least, the elections, this puts pressure on stocks due to uncertainties and regime changes. So the negatives outweigh the positives but the good news is consumer confidence , which is the big part of the GDP equation, is not declining much. As I said in the last blog, all you need to do is hold your horses and concentrate on long term investments, undervalued stocks and Real Estate.