Warren Buffett’s favorite indicator shows it’s time to unload stocks, buy bonds
Critical intelligence before the U.S. market opens
Lucky number seven? We’ll see. That’s how many sessions in a row the Dow industrials have closed in the red. We haven’t witnessed a dry streak like this since 2011, when the blue chips slumped for eight straight, a rout that saw a 6.7% plunge overall. The current stretch is nowhere near as severe as that one, but it’s still stoking fears that the market’s relentless bull market is done.