A close look at sectors can tell us where we are in the economic cycle. The chart below from Chris Vermeulen via LinkedIn shows that the dominant sectors currently are utilities and precious metals which occur typically at the very end of business cycles as we enter a major bearish phase:
More Than 4 Million More Workers Will Start Getting Paid Overtime Under
Controversial New Rule
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The new rule has already sparked backlash from prominent business groups,
and a similar 2016 rule change was challenged in the courts.
32 minutes ago