Seven years isn't that long...even if you ain't a Vulcan.
America's love affair with equities though may have to take such a pause if the analysis from Citizen Sedacca of Minyanville is 'on the screws'.
He opines that he needs to see the Annualized 16-year Returns for the DJIA be comparable to past secular bear oversold extremes in order to be long-term constructive on equities.
That would place us at about S&P 800 in 2016.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment