S&P 500 reached 4100 finally. If this is not the peak, it will be very close to the peak of this bear rally. There may be another bounce in January after some retracing. Once the markets eventually roll over, the drop will be bloody. The so far relatively strong assets such as emerging markets will drop substantially too. After long term T-bonds come down to a bit higher than the previous low, it may be the time to buy long term T-bonds and hold until the bear market is completely over, which could still be some way off.
