Short Term Trading Weekend Lounge: 16 -18 Sept, page-34

89.3% of stocks in China are in a bear market.
41% of stocks in Australia are in a bear market.

China is the world's second largest economy and the world's largest exporter.

China is by far Australia's biggest trading partner an account for almost 1/3 of the total imports and exports in Australia.
Any retraction in the Chinese economy will have a large flow on impact to the rest of the world's and especially Australia's economy.


https://graphics.reuters.com/GLOBAL-MARKETS-BEAR/0100818229L/index.html


IMO the peak of the bull market has likely come and gone in August this year.
Growth has/is slowing in the majority of the world's economies.
If there's less growth, then there will be less products produced.
If they're less products produced, then there will be less profits made.
If there's less profits being made, then expect the majority of share prices to fall...

This is clearly evident in China with 89.3% of their stocks in a bear market..


I believe we are now witnessing the first initial phase of a bear market/crash.
This is shown by the massive volatility in both direction as bears clearly want to take over but bull aren't yet ready to admit defeat...



A good part of this weekends topic could probably be,

What are the defensive sectors or individual stocks that usually perform well in bear markets...??

Gold is an obvious one but are there others...?
Uranium??

Maybe something military related or companies that have recurring government contracts??

What sectors/stocks continue to see growing profits as an economy is retracting?



@Goldbull22 how are you planning to invest/trade (or not) going forward from here?