{"id":61246,"date":"2009-12-03T09:36:25","date_gmt":"2009-12-03T14:36:25","guid":{"rendered":"http:\/\/www.businessinsider.com\/rosenberg-the-dow-has-been-in-a-bear-market-since-august-2009-12"},"modified":"2009-12-03T09:36:25","modified_gmt":"2009-12-03T14:36:25","slug":"rosenberg-the-dow-has-been-in-a-bear-market-since-august","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/61246","title":{"rendered":"Rosenberg: The Dow Has Been In A Bear Market Since August"},"content":{"rendered":"<p>What, you thought David Rosenberg has been on the wrong side of the market? Think again, he says<\/p>\n<p style=\"padding-left: 30px;\"><strong>THE DOW IS BACK IN A BEAR MARKET!&nbsp; <\/strong><br \/>That is correct.&nbsp; While the market did make a new high in &lsquo;deflated dollar&rsquo; terms <br \/>just a short two-days ago, in gold terms, the Dow actually peaked on August 27 <br \/>and is down 13.5% since then.&nbsp; As an aside &mdash; just to show that the gold story is <br \/>not JUST a weak U.S. dollar, bullion prices rose a further 1.6% yesterday to yet <br \/>another new high even in the face of a 19bps recovery in the greenback (all sorts <br \/>of talk now that the Bank of Japan is set to intervene).&nbsp;&nbsp;&nbsp;<\/p>\n<p style=\"padding-left: 30px;\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b17ccb300000000000a838c\" border=\"0\" alt=\"dow gold\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/rosenberg-the-dow-has-been-in-a-bear-market-since-august-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/david-rosenberg-buy-the-gold-dips-because-its-only-going-higher-2009-12\">David Rosenberg: Buy The Gold Dips, Because It&#8217;s Only Going Higher<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/heres-why-the-mint-is-running-out-of-gold-coins-2009-12\">Here&#8217;s Why The Mint Is Running Out Of Gold Coins<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-nikkei-is-perfectly-aligned-with-the-sp-500-as-measured-in-gold-2009-12\">The Nikkei Is Perfectly Aligned With The S&amp;P 500 As Measured In Gold<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/JyiSG_0hM48\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What, you thought David Rosenberg has been on the wrong side of the market? Think again, he says THE DOW IS BACK IN A BEAR MARKET!&nbsp; That is correct.&nbsp; While the market did make a new high in &lsquo;deflated dollar&rsquo; terms just a short two-days ago, in gold terms, the Dow actually peaked on August [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-61246","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=61246"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61246\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=61246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=61246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=61246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}