What Goes Up Also Comes Down: The Heavy Hand Of Bubble Symmetry
February 01, 2023 at 07:20 AM EST
Authored by Charles Hugh Smith via OfTwoMinds blog, Should bubble symmetry play out in the S&P 500, we can anticipate a steep 45% drop to pre-bubble levels, followed by another leg down as the speculative frenzy is slowly extinguished. Bubble symmetry is, well, interesting. The dot-com stock market bubble circa 1995-2003 offers a classic example of […] Source
