Heres Why a Bear Market Is at Least Two Years Away

The video discusses the causes of bear markets, highlighting that they are often triggered by tight money policies or recessions. It uses the S&P 500's year-over-year percent change to illustrate these trends, with significant drops occurring during Federal Reserve tightening cycles or recessions. According to David Rosenberg, based on the Conference Board's leading economic index, a recession is unlikely for at least two years, and any rate increases are not expected until mid-2015 or later. The video concludes that a bear market is not imminent.

What are the implications of Fed tightening circles and recessions on market performance?

What is the significance of the Conference Board leading economic index mentioned in the text?