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And I will Say It Again
Bull’s Last Gasps
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Today we will be covering...
There is nothing new on Wall Street or in stock speculation. What has happened in the past will happen again, and again, and again. This is because human nature does not change, and it is human emotion, solidly build into human nature, that always gets in the way of human intelligence. Of this I am sure.
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Today I selected my posts from YouTube and X (formerly Twitter).
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Watch this video for insights about long-term Dow Jones Industrials prospects.
Consider following me on X (former Twitter) in addition to the newsletter, as I often post valuable information there in real time between the newsletters.
For example, I posted yesterday a chart of projected S&P 500 returns based on Prof. Shiller’s PE ratio estimate.
The results are like those implied by John Hussman’s charts I posted a few months ago.
Forward #SP500 returns based on #Shiller's #PE ratio.
Do not expect much next decade. Be happy with anything above 0% annually.
The orange line is my linear regression fit.
#SPX $SPX #SPY $SPY #StockMArket#stockmarkets#bearish— BraVoCycles Newsletter (@BraVoCycles)
8:47 PM • Oct 28, 2024
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