bullish
When Recession, Sir?
SUMMARY
- As my mentor used to say, any market practicioner can make headlines by screaming something wildly out-of-consensus but conveniently leaving the details of his forecast out of the equation.
- How many times have you heard that ‘‘the US Dollar will fall apart’’ or that ‘‘the real estate bubble will burst’’ over the last 10-20 years, yet without a clear time horizon for this call to play out?
- If only you got 1 USD (pun intended) for every time you heard something like this, you’ll be rich by now.
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