Let’s put the recent 12% downward blip into perspective: It started from record valuations, higher than 1929 and 2000. At the probable peak of the most extended business cycle ever. The downside risk is substantial.
Let’s put the recent 12% downward blip into perspective: It started from record valuations, higher than 1929 and 2000. At the probable peak of the most extended business cycle ever. The downside risk is substantial. Too many are ill prepared. pic.twitter.com/lpxdg0OGmM — Kevin C. Smith, CFA (@crescatkevin) February 28, 2020 Game on. Dow theory bear … Read more