3min chapter

The Compound and Friends cover image

Somebody's gonna be wrong

The Compound and Friends

CHAPTER

The Breadth Thrust

For stocks to take out the October lows, it won't be there won't drift there for no reason. Does there have to be a big black swan event? No, I'm not saying that. Probably not. There will be headline events. And I cannot imagine six to 12 months from now seeing headlines that say something like Fed raises rates and we trot merrily off into a new book.

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