Historian predicts bear market is 'underway'

David Schwartz, an independent analyst and stock market historian, said a bear market is "probably well and truly underway", based on trends in global markets over the past 70 years.

He said: "The FTSE-All Shares index has now fallen by 9% since peaking on June 15. Optimists continue to claim that we are in a temporary patch of stormy weather. Unfortunately, history provides us with a different message."

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It