On Christmas Eve, the US stock market appeared to be caught in a bear-market, based on econometric analysis via a Hidden Markov model (HMM). Since then, we’ve seen a strong rally in the new year. But the regime shift to the dark remains intact and in fact has strengthened.
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Congress set to vote on bills to end partial gov’t shutdown: Politico
US national intelligence director warns of increasing threats: NY Times
UK trade minister see ‘good chance’ for a Brexit deal: CNBC
Ex-US Marine, held in Russia on spying charges, is denied bail: Newsweek
Three men and teen arrested in alleged plot to bomb muslims in upstate NY: CNN
LA teachers end week-long strike: USA Today
Brazil’s Bolsonaro gives pro-business speech at Davos: Reuters
Existing homes sales fell 10.3% in Dec vs. year-ago level: MW
US Economic Policy Uncertainty Index spiked to 2-1/2 yr high on Tues: FRED
US truck shipments fell in year-over-year terms in Dec — first loss in 2 years: Axios