
Surveillance: Market Timing with Bitterly (Podcast)
Bloomberg Surveillance
00:00
Is There a Recession in the Market?
This type of price action is quite normal in bear markets. This is why we're big advocates against market timing. If you are just out of the market for the two best as of each calendar year, you erace your per annum returns by over nine point six %. And so in these types of markets, you need to expect that type of volatility. i don't think we're turning a corner until the market knows that we have definitively avoided a recession.
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