All things revert to their mean and this market will not be different. Wherever the top is (there is more upside) expect at least 50% of the 40 year move to be the first haircut. Will it fall further than that? It's impossible to say and all the people on TeeVee pretending to be experts don't know either. Be nimble and be ready for anything because when this puppy pops it will be a doozy. The Central Banks won't be able to save it this time and there is going to be hell to pay for their sins.
This isn't meant to show any sort of timing, it will take as long as it takes. Just highlighting some areas I think we'll see as targets. We have been in a secular bull market since 1983, it won't last much longer, I'd give it weeks to months with where things stand today.
This isn't meant to show any sort of timing, it will take as long as it takes. Just highlighting some areas I think we'll see as targets. We have been in a secular bull market since 1983, it won't last much longer, I'd give it weeks to months with where things stand today.