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re: How is this market sustainable (long term outlook)?

Posted on 11/10/19 at 7:15 pm to
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3135 posts
Posted on 11/10/19 at 7:15 pm to
Professional worriers will always find a way to worry. If it's not inverted yield curves then it's rebounding term premiums.

The "all time highs" is another angle that is not supported by data. Strategas Research Partners' analysis found that in the six months following record highs, declines of 10% or more happened in less than 5% of observations since 1950. Mebane Faber at Cambria Investment Management researched the topic back in the 1920s and found the concern to be unfounded acknowledging that 'all time highs' are nothing to be afraid of. Suck it, bears.
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