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Pivotal Events
Submitted by Liberty Valley on Thu, 2008-05-15 11:00.
Our main theme has been that the plunge into January was of a character that typically ends important bull markets. As that panic concluded our view was that the revival in stocks, commodities, and credit spreads would run into March-April ... »
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I posted it, because I
I posted it, because I really respect Bob Hoye's opinion, since he knows history. He is one of the few who pointed out that interest rates fall during bear markets, and that happened exactly in 2000.
The situation he describes is exactly what I am afraid of.