{"id":57696,"date":"2024-09-24T09:42:41","date_gmt":"2024-09-24T09:42:41","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=57696"},"modified":"2024-09-25T06:17:35","modified_gmt":"2024-09-25T06:17:35","slug":"bull-bear-market-indicator","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/","title":{"rendered":"Bull\/Bear Market Indicator"},"content":{"rendered":"<p>We aim to consolidate our economic and financial market analysis into a single quantifiable bull\/bear market indicator.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-24-bull-bear.png?resize=525%2C289&#038;ssl=1\" alt=\"Bull\/Bear Market Indicator\" width=\"525\" height=\"289\" \/><\/p>\n<p>We modified one of our five component market risk indicators to reduce whipsaws. Instead of the Fed Funds Rate confirmed by ISM Services Business Activity, we have created a composite indicator comprising:<\/p>\n<ul>\n<li>the Fed Funds Rate;<\/li>\n<li>the Coincident Economic Activity Index from the Philadelphia Fed;<\/li>\n<li>the Chicago Fed National Financial Conditions Index; and<\/li>\n<li>the S&amp;P 500 with 30-week Twiggs Smoothed Momentum.<\/li>\n<\/ul>\n<p>Three out of four components are required to confirm a bear market.<\/p>\n<p>Our first signal was the Coincident Economic Activity Index which crossed below 2.5% annual growth for the 12 months to July, warning that the economy is slowing.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-23-coincident.png?resize=525%2C363&#038;ssl=1\" alt=\"Coincident Economic Activity Index from the Philadelphia Fed\" width=\"525\" height=\"363\" \/><\/p>\n<p>Last week, the Fed announced a 50 basis point rate cut, adding a second bear signal.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-24-ffr.png?resize=525%2C363&#038;ssl=1\" alt=\"Fed Funds Target Rate (Average of High &amp; Low)\" width=\"525\" height=\"363\" \/><\/p>\n<p>However, the Chicago Fed National Financial Conditions Index below zero signals easy monetary conditions at a low -0.56.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-23-nfci.png?resize=525%2C363&#038;ssl=1\" alt=\"Chicago Fed National Financial Conditions Index\" width=\"525\" height=\"363\" \/><\/p>\n<p>30-Week Twiggs Smoothed Momentum also signals a healthy up-trend on the S&amp;P 500 at 12.8%.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-23-spx-tms.png?resize=525%2C404&#038;ssl=1\" alt=\"S&amp;P 500 with 30-week Twiggs Smoothed Momentum\" width=\"525\" height=\"404\" \/><\/p>\n<p>The signal, therefore, remains Risk-On.<\/p>\n<p>Of our four remaining risk indicators, only one signals <em>Risk-Off<\/em>.<\/p>\n<p>The spread between the 10-year Treasury yield and the 3-month T-bill discount rate has been negative for 22 months. While that is a record time, it does not negate its reliability in predicting a recession within 12 months after the inversion ends.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-23-10y-3m.png?resize=525%2C363&#038;ssl=1\" alt=\"10-Year Treasury Yield - 3-Month T-bill Discount Rate\" width=\"525\" height=\"363\" \/><\/p>\n<p>Our second risk signal would only be triggered when the yield curve inversion ends.<\/p>\n<p>Employment in cyclical industries\u2014manufacturing, construction, transport, and warehousing\u2014accounts for most of the jobs lost during a typical recession. Cyclical employment grew by 17,900 in August, with no sign of a recession on the horizon.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-23-cyclical-jobs.png?resize=525%2C363&#038;ssl=1\" alt=\"Cyclical Employment\" width=\"525\" height=\"363\" \/><\/p>\n<p>Heavy truck sales are another reliable leading indicator of recessions. Seasonally adjusted sales of more than 42,000 units in August continue to signal a robust economy.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-09-23-heavytrucks.png?resize=525%2C363&#038;ssl=1\" alt=\"Heavy Truck Sales\" width=\"525\" height=\"363\" \/><\/p>\n<h2>Conclusion<\/h2>\n<p>Four out of five risk indicators continue to signal a bull market.<\/p>\n<p>Our strategy is to divide our investment portfolio into five equal-sized buckets of 20% each. For each indicator warning of a bear market, one bucket will be switched to alternative investments\u2014such as A-grade bonds or gold.<\/p>\n<p>At present, only the 10-year\/3-month Treasury yield curve warns of a bear market, so we maintain 80% exposure to stocks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We aim to consolidate our economic and financial market analysis into a single quantifiable bull\/bear market indicator. We modified one of our five component market risk indicators to reduce whipsaws. Instead of the Fed Funds Rate confirmed by ISM Services Business Activity, we have created a composite indicator comprising: the Fed Funds Rate; the Coincident &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bull\/Bear Market Indicator&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37],"tags":[6622,6663,6184,4732,5662,3010,6665,3725],"class_list":["post-57696","post","type-post","status-publish","format-standard","hentry","category-active-investing","tag-chicago-fed-national-financial-conditions-index","tag-coincident-economic-activity-index-from-the-philadelphia-fed","tag-cyclical-employment","tag-fed-funds-target-rate","tag-heavy-truck-sales","tag-sp-500","tag-twiggs-smoothed-momentum","tag-yield-curve"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bull\/Bear Market Indicator - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bull\/Bear Market Indicator - the patient investor\" \/>\n<meta property=\"og:description\" content=\"We aim to consolidate our economic and financial market analysis into a single quantifiable bull\/bear market indicator. We modified one of our five component market risk indicators to reduce whipsaws. Instead of the Fed Funds Rate confirmed by ISM Services Business Activity, we have created a composite indicator comprising: the Fed Funds Rate; the Coincident &hellip; Continue reading &quot;Bull\/Bear Market Indicator&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-24T09:42:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-25T06:17:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-09-24-bull-bear.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Bull\/Bear Market Indicator\",\"datePublished\":\"2024-09-24T09:42:41+00:00\",\"dateModified\":\"2024-09-25T06:17:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/\"},\"wordCount\":367,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-09-24-bull-bear.png\",\"keywords\":[\"Chicago Fed National Financial Conditions Index\",\"Coincident Economic Activity Index from the Philadelphia Fed\",\"Cyclical Employment\",\"Fed Funds Target Rate\",\"Heavy Truck Sales\",\"S&amp;P 500\",\"Twiggs Smoothed Momentum\",\"Yield Curve\"],\"articleSection\":[\"Active Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/\",\"name\":\"Bull\/Bear Market Indicator - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-09-24-bull-bear.png\",\"datePublished\":\"2024-09-24T09:42:41+00:00\",\"dateModified\":\"2024-09-25T06:17:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-09-24-bull-bear.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-09-24-bull-bear.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/09\/24\/bull-bear-market-indicator\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bull\/Bear Market Indicator\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-f0A","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":61444,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/03\/29\/us-weekly-market-snapshot-7\/","url_meta":{"origin":57696,"position":0},"title":"US Weekly Market Snapshot","author":"Colin Twiggs","date":"March 29, 2025","format":false,"excerpt":"The dial on the left indicates bull or bear market status, while the one on the right reflects stock market drawdown risk. Bull\/Bear Market Our Bull\/Bear Market indicator is unchanged at 60%, with two of the five leading indicators signaling risk-off: We replaced the Coincident Economic Activity Index with Current\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Bull\/Bear Market Indicator","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-07-bull-bear-gauge.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-07-bull-bear-gauge.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-07-bull-bear-gauge.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61526,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/04\/19\/us-weekly-market-indicators-2\/","url_meta":{"origin":57696,"position":1},"title":"US Weekly Market Indicators","author":"Colin Twiggs","date":"April 19, 2025","format":false,"excerpt":"The dial on the left indicates bull or bear market status, while the one on the right reflects stock market drawdown risk. Bull\/Bear Market Our Bull\/Bear Market indicator remains at 40%, with three of the five leading indicators signaling risk-off: The Chicago Fed National Financial Conditions Index jumped to -0.42,\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"Bull\/Bear Market Indicator","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-04-04-us-bull-bear-gauge.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-04-04-us-bull-bear-gauge.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-04-04-us-bull-bear-gauge.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62993,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/01\/us-stock-pricing-at-new-high-2\/","url_meta":{"origin":57696,"position":2},"title":"US Stock Pricing at New High","author":"Colin Twiggs","date":"November 1, 2025","format":false,"excerpt":"The gauge on the left indicates bull or bear market status, and the one on the right reflects stock market valuation levels. Stock market pricing indicates whether stocks are cheap or expensive relative to earnings, but it is a poor indicator of market timing. We do not recommend selling stocks\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"Bull\/Bear Market Indicator","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":64081,"url":"https:\/\/thepatientinvestor.com\/index.php\/2026\/04\/11\/us-market-snapshot-19\/","url_meta":{"origin":57696,"position":3},"title":"US Market Snapshot","author":"Colin Twiggs","date":"April 11, 2026","format":false,"excerpt":"The gauge on the left indicates whether the market is in a bull or bear phase, and the indicator on the right reflects the current valuation of the stock market. Stock market pricing indicates whether stocks are cheap or expensive in relation to earnings, but it is a poor indicator\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"Bull\/Bear Market Indicator","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":63032,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/08\/record-lows-and-highs-warn-of-trouble-ahead\/","url_meta":{"origin":57696,"position":4},"title":"Record Lows and Highs spell trouble in the USA","author":"Colin Twiggs","date":"November 8, 2025","format":false,"excerpt":"The gauge on the left indicates whether the market is in a bull or bear phase, and the one on the right reflects the current stock market valuation levels. Stock market pricing indicates whether stocks are cheap or expensive relative to earnings, but it is a poor indicator of market\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"Bull\/Bear Market Indicator","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":63344,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/12\/06\/us-market-snapshot\/","url_meta":{"origin":57696,"position":5},"title":"US Market Snapshot","author":"Colin Twiggs","date":"December 6, 2025","format":false,"excerpt":"The gauge on the left indicates whether the market is in a bull or bear phase, and the one on the right reflects the current stock market valuation levels. Stock market pricing indicates whether stocks are cheap or expensive in relation to earnings, but it is a poor indicator of\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"Bull\/Bear Market Indicator","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-06-us-bull-bear-gauge.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/57696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=57696"}],"version-history":[{"count":7,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/57696\/revisions"}],"predecessor-version":[{"id":57736,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/57696\/revisions\/57736"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=57696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=57696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=57696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}