Stocks Are Very Oversold, But This Isn’t Necessarily A Great Buying Opportunity If Earnings Are Impacted. The Earnings That We Thought We Were Paying For Have Partially Vanished.
by UPFINA As we learned from Mandelbrot, markets are volatile. If returns were normally distributed, we’d never see corrections like what just occurred in the past week. The stock market has outdone itself as this correction from a record high has been the quickest since 1928. This was the worst weekly decline since 2008. Since 1915, … Read more