Prepare For The Bear
Prepare For The Bear
Executive Summary The underappreciated impact of the Fed's current tapering Get ready for corporate profits to start rolling over Why record margin debt is such a big danger The myth of de-leveraging Why the data make a clear case the long Bull market is ending If you have not yet read Is Part 1: Is This Decline The Real Deal? available free to all readers, please click here to read it first. In Part 1, we looked extremes in valuations, sentiment, leverage and complacency, and how these make the Bull case for further advances in stock prices difficult to make without drawing
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