MI255 Navigating Bubble 3.0: Is This Time Different? w/ David Hay
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Is the Stock Market Doom and Gloom Over?
The stock market historically doesn't bottom until the yield curve is back into positive territory around 140 basis points. That's why I just think that there's not really a full appreciation of history going on right now. So we moved a number of our bond holdings to hold saying don't buy them at this price because they've actually appreciated in some cases as much as the S&P has. We are identifying a number of stocks that we're actually going to either take profits on or get out of completely, mostly taking profits.
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