1. One can come to know whether the bear market is for real or not and an easy way to do is to track the stocks of companies providing luxury goods. To prove my point I will quote the example of bear market of year 2001 when indexes were falling, however luxury goods making companies were on the upward trajectory. Even luxury brands will be performing better. As a net result the bear market was over in a matter of 16 months.
2. Thus it makes sense to track the luxury stocks growth prospects and their revenues as it can provide a true picture that whether the bear market is for a short term or is for the longish period.
2. Thus it makes sense to track the luxury stocks growth prospects and their revenues as it can provide a true picture that whether the bear market is for a short term or is for the longish period.
