Ten Year Chart of SP 500
It appears that the recovery slope is directly proportional to the disaster slope. So where does the the market belong?
This past decade has been a trying time for stock investors. A decade that has the skeptical in our industry questioning what is value? Interest rates are in a strange place, one that feels unreal and unsustainable. When you go long a stock, you don't know who is betting against the stock. When the "experts" talk are they talking their position, creating an entry or exit for themselves?
Many question the underlying fundamentals of the markets and our economy. There are a few things that are real: People need things and people will provide things at the right price.
This past decade has been a trying time for stock investors. A decade that has the skeptical in our industry questioning what is value? Interest rates are in a strange place, one that feels unreal and unsustainable. When you go long a stock, you don't know who is betting against the stock. When the "experts" talk are they talking their position, creating an entry or exit for themselves?
Many question the underlying fundamentals of the markets and our economy. There are a few things that are real: People need things and people will provide things at the right price.

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