Home » Most Recent Stories

WHY THIS ISN’T A NEW SECULAR BULL MARKET PT. 2

7 January 2010 by Cullen Roche 1 Comment

The following is an excellent piece of research courtesy of Katana Capital.   They go into much greater detail than David Rosenberg with their comparisons to 1982 and layout a pretty convincing case for the secular bear market argument.


094Q letter 1982 vs 2010 section-1 –

Disclosures - Unless otherwise noted, authors have no positions in any securities mentioned and readers should never consider this to be investment advice. Always consult your financial advisor before acting on any ideas. Comments Guideline - Readers who denigrate authors or other readers will be banned without warning. This site does not tolerate any sort of reader abuse. The goal of this site is to create an environment that is conducive to learning and better understanding of the monetary system and the investment world. We expect readers to behave maturely and responsibly. We welcome and encourage intense and intelligent discourse, but the site adheres to a strict 1 strike policy. While it is your right to speak freely, it is not your right to behave childishly. Above all else, please enjoy the site. It is intended to be used as an educational tool and we hope the intelligent and mature debate will further that purpose. We hope readers will make an effort to respect that goal. Comments with excessive linking or foul language will be moderated before posting.
Comments
  • boatman

    so good to see all equity people are not on the kool aid with that glassy-eyed toothy stare.

    thank you TPC.

    always my second click in the AM-right after the weather.

    01/07/2010 at 12:29 PM