And he isn't going to be caught picking up nickels in front of a steam roller.
The way Hussman divvies it up, investors are currently wrestling with "the most extreme valuations in history, which continue to imply a two-thirds loss in the S&P 500 over the completion of this cycle."According to Joe Mecane, the head of execution services at Citadel Securities, retail traders account for about. In Cecchini's mind, the exuberance of a retail soiree can only last so long.
With all of that established, Cecchini thinks that the Federal Reserve has run out of levers to pull, and may be doing more harm then good.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
They’ve been saying this since 2009. (...Well...I’ve been saying that since 2009...it’s been fun. I’ll see myself out now.)
They’ve been saying this for 5 months.
대한민국 최근 뉴스, 대한민국 헤드 라인
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