Is the bear market extinct?
Equity markets around the world are breaking new records. Quantitative easing by central banks is the force behind it. But a rubber band stretch to the max will break sooner or later. The bear market is not extinct and will return once earnings start to disappoint and/or black swans start to appear. When will that happen is anyone’s guess but be prepared for it is the best way to survive the next bear market.
Entry filed under: Watch your step.