Authored by Lance Roberts via RealInvestmentAdvice.com, Market Review & Update Last week, we discussed the setup for a near-term mean reversion because of the massive extension above the long-term mean. To wit: “There is also just the simple issue that markets are very extended above their long-term trends, as shown in the chart below.
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When this self-induced tragedy hits, “We, The Sheeple” will have no one to blame but their voting to blame. Get rid on incumbents! It doesn’t matter who you vote for, just not the incumbent. Can they possible be worse? What can they do it two years that can not be fixed by voting them out too.
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