I Was Certainly Wrong
No doubt, the viciousness of this (bear market) rally has caught me by surprise. I’m not going to sugarcoat or make excuses - I was wrong!
Upward momentum is so strong, the current “Tulipmania” delusion of the investors of the world - not just in the US, but in China (which is clearly a propaganda-fueled fairytale), the wealth effect here, and the jobs s…