In short, I expect that we are in the process of what might be called a «writeoff recession,» where significant amounts of asset value and perceived wealth will ultimately be written off. (hussmanfunds.com)
Earnings are improving, significant amounts of assets are moving into passive and systematic strategies (both of which de-emphasize the capital markets aspect that active managers historically implemented), and dispersion is rising. (etf.com)
The processes of recovery can be tedious and time consuming, but today I can confirm that thus far: significant amount of assets have been recovered. (nigeriapoliticsonline.com)