Bull markets don't die of old age; they are murdered by errors. What kills them are the policy mistakes made by Central Bankers, elected officials + Politicians of all kinds.
One person's "taking away the punchbowl" is another person's murder weapon...
One person's "taking away the punchbowl" is another person's murder weapon...
And a 30% pullback in individual names after a 50-100% run up feels like normal volatility to me...
.@michaelbatnick has this just right:
"Second-level thinking is back. With the benefit of hindsight, investors should have been paying attention to the expectations that were baked into some of these stocks."
theirrelevantinvestor.com/2021/05/11/liv…
"Second-level thinking is back. With the benefit of hindsight, investors should have been paying attention to the expectations that were baked into some of these stocks."
theirrelevantinvestor.com/2021/05/11/liv…
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