Famed investor and Quantum Fund co-founder Jim Rogers made waves recently when he
warned of a new bear market — «horrendous, the worst,» he said — brought on by global debt that has piled too high.
With bearish momentum increasing and stocks testing key support levels in recent days, one of the biggest questions on your mind may be whether or not recent price action is merely a normal bull market correction or the very early
stages of a new bear market.
While I don't believe the recent volatility represents the
start of a new bear market — I expect the U.S. market should finish the year higher than where it's at now — today's valuations suggest U.S. returns may be below average over the longer term.
Famed investor and Quantum Fund co-founder Jim Rogers made waves recently when he
warned of a new bear market — «horrendous, the worst,» he said — brought on by global debt that has piled too...
It is not overly dramatic yet and I still think this market will make new all time highs this year but in 2019 or late 2018 we may see a
beginning of a new bear market.
While I don't believe the recent volatility represents the start
of a new bear market — I expect the U.S. market should finish the year higher than where it's at now — today's valuations suggest U.S. returns may be below average over the longer term.
It is foolhardy to assert that this is the start
of the new bear market that so many seem to be expecting or that stocks will continue to trend higher.