Sell, Sell, Sell? Market Set To Drop 30%
The Broad Market Index was up 1.94% last week and 34% of stocks out-performed the index. Q4 2020 hedge fund letters, conferences and more The Largest Gap Between Share Prices And Corporate GrowthCurrently, we have the largest gap between share prices and corporate growth than we have ever seen. We have been lulled into a dangerous complacency with now 12 years of round after round of massive money-printing by global central banks. This has the effect of increasing the value of assets and decreasing volatility. The central bankers have blown an enormous asset-price bubble. We know this gap will...