Barry Ritholtz, who have been one of the first in 2003 to indicate we are in a secular bear that lasts an average of 14-18 years, are indicating that after 13 years we are closer to the end then the start.
Not sure. Recently too many bears have caved in.
Eddy Elfenbein, who is essentially a buy and hold investor discussed a unique bull market in 1949 to 1955 that is little known.
The unique thing: It actually rally through a recession. The total gain then was triple the starting.
Why isn’t it more well known? Strangely it may be because this time, it is different.
We were all being conditioned to think up 100% go down 50%, up 100% go down 50%, the third time, due to problems not solved, we will go down 50%.
[Crossing Wallstreet | The forgotten bull market 1949-1955 | Read here]