Radar Perene / Articles / character
Character: Cyclicals × defensives
Inside the stock market, two groups tell opposite stories.
Read the full entry: Cyclicals vs defensives: the duel that reveals appetite →
Where Cyclicals × defensives appears
- MarqueeThe house in the dark: the structure's floor at the end of 2022 preceded a year of discord
- MarqueeThe 2011 European crisis reached Brazil as discord, not collapse
- MarqueeThe 2016 bottom: structure turned before mood — and long before rates
- Comparison2011 vs 2013: two imported shocks, two different absorptions
- Comparison2022 vs 2015: two slow domestic contractions
- ComparisonCrisis of 2015 × the 2016 bottom: what separates panic from inflection
- DerivativeThe April 2020 turn: cyclicals return to a table that held only defensives
- EpisodeDecember in reverse, in thirty days
- DerivativeThe two clocks after the 2018 election: appetite at the top, structure at the floor (Dec 2018)
- DerivativeWhen the gauges disagree: high appetite, defensive structure
- DerivativeWhen every haven fills up: the expensive shelter of November 2015
- DerivativeWho bought while mood screamed: March 2016 and the turn no one announced
- EpisodeA year of discord: when mood and structure barely agreed