Revisiting Dshort’s great chart on the four worst bear markets in U.S. history. I certainly don’t think we’re in the 1929 bear as many do, but I have to agree with the John Mauldin stance that we’re likely in a muddle through economy that will see no quick rebound to the upside any time soon.
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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.