Global Investor Don T Wait To Hit Bottom
Wise men to whom we should listen respectfully (such as George Soros) are saying this is the end of the 60-year post-World War II supercycle, and the secular abyss looms. However, after living through (and surviving) nine panics over the past 45 years, my intuition is that we are close to the end of this one, and that markets around the world are poised for a rally that could be as violent as the decline....