Markets move in long-term secular cycles…in this current day and age, which I have coined the “Era of Lower”, what will it take to move out of this secular bear market into a secular bull phase?
Lower P/E’s are key, as well as the public “giving up” on equities in favor of other asset classes. We’re not precisely at that stage yet, but the signs are in the air. Watch the video to learn more, and you can view my 2009 presentation “The Era of Lower” with this link.
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