2min chapter

The Compound and Friends cover image

The Battle to Remain Bullish

The Compound and Friends

CHAPTER

The New Secular Bow Market

In the two thousands, the market strength and equities had nothing to do with yous tock a. It was all about emerging marmd cup ine and al thatsb. We don't date the start of a secular bull market from the bear market. You take out the prior cycles, high and keep going. I look at that and i say, this feels like a new secular bow market. But i'm afraid to say it out loud. And we were saying, how much do earnings fall, generally speaking, in a recession? So why would you expect to see that? Bango, yes. What's up?"

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