Ritholtz post re: current secular bear market
I highly recommend folks read Barry Ritholtz’s post from last night: Explaining My Position On Bear Markets
Ritholtz offers a clear, concise and rational opinion on where we are within the cycle. He even uses a great chart that properly shows secular bull periods starting when new highs are made.
This is the stuff you should read…not the crap spewed by anyone airing on or writing for the mainstream media — hint: four letters, starts and ends with “C”.
The timing of BR’s post is a funny coincidence given the comments I posted to this blog last night. By coincidence, I mean that I am 100% certain that my comments had absolutely nothing to do with BR’s post.