Saturday, September 10, 2016

What Now For Equities: "Embracing Panic"

From Pension Partners, Sept. 9:


“I tend to stay with the panic. I embrace the panic.” – Larry David
The stock market was down today. That fact alone is not at all
unusual (47% of all days are negative historically). What was somewhat
unusual is the aggressiveness of the selling in today’s session, what
some would refer to as “panic selling.”

Panic selling is a subjective term but there are

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