This is the trillion-dollar question. From a common sense perspective, the simple answer is “absolutely!”
Since 1998, the markets have been in serial bubbles and busts, each one bigger than the last. A long-term chart of the S&P 500 shows us just how obvious this is (and yet the Fed argues it cannot see bubbles in advance?).
3 comments:
oh yeah, nothing's gonna happen here. stay invested!
Not can...WHEN!. Sell short, just use an overlay of the pre-1929 crash stock market chart over the current 2008-2014 chart for timing. The exactness of the pattern is eerie.
They can and they will.
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