Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
Before you stop reading because you want this bear/crashing market to end as soon as it started, bear with me and review the history of recessions and their commensurate bear markets: A) As you can see in today’s Chart of The Day – Bear Markets Don’t End Abruptly But many of the questions in my inbox want this one to last 1 month! Even our #Quad4 US Equity Beta crash call of Q4 of 2018 lasted 3 months (and that was during an economic expansion!). |