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Five ‘Ps’ that will help determine if the stock market has bottomed out

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Bulls and bears remain at loggerheads about whether risk assets have hit a bottom. The following five “Ps" may provide an answer: pandemic, production, policies, positioning and prices.

Investors have fled emerging markets in record numbers since the outbreak of the coronavirus, even though central banks and governments have piled on stimulus to counter the impact of the deadly pathogen.

While strategists at companies such as JPMorgan Chase & Co. have concluded that most risk assets have seen their low points, others at firms like Deutsche Bank AG say it’s too early to sound the all-clear.

The following charts may give an insight into the elusive turning point: Pandemic Markets have shown some signs of recovery now the rate of change in

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76ers to introduce James Harden, Paul Millsap Tuesday
James Harden #13 of the Brooklyn Nets handles the ball during the first half of the NBA game at Footprint Center on February 01, 2022 in Phoenix, Arizona. (Photo by Christian Petersen/Getty Images) PHILADELPHIA - The Philadelphia 76ers will formally introduce James Harden to the media and fans on Tuesday.The team will be hosting an introductory press conference at their Camden, New Jersey training complex at noon to introduce Harden and veteran forward Paul Millsap. Both players were acquired ahead of last week’s trade deadline in a deal with the Brooklyn Nets that sent Ben Simmons, Seth Curry, Andre Drummond, and two first-round picks to the Nets. You can watch their introductory press conference live on FOX 29 and FOX29.com. While Curry and Drummond made their Nets debut on Monday night – with Simmons in attendance on the bench – Harden is not expected to take the court for the Sixers until after the upcoming All-Star break. The Sixers are still eager to test out the partnership between Harden, a 32-year-old former MVP, and Joel Embiid. The 76ers are getting an MVP-worthy year out of Embiid, and team President Daryl Morey — who was in the front office with Houston when Harden played for the Rockets — made the deadline deal to ensure the Sixers have plenty for the championship push.Embiid leads the league in scoring with 29.4 points and has scored at least 25 points in 30 straight games.
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