Sandler O’Neill & Partners’ Robert Albertson says we’re in a trading market. He also thinks we’re in a massive secular bear market based on the deleveraging cycle. Albertson believes the market has run well ahead of itself:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.