by E.B. Tucker
Casey Research
When the 11-year bull market ended two weeks ago, it was the fastest swing from a bull market to a bear market in history.
It took many people by surprise. But not my readers.
Last August, we said that after 10 years of excitement, the bull market would eventually feel gravity.
That said, we knew it wasn’t a time to be pouring money into the broad stock market. Companies like Facebook, Amazon, and even Tesla were more than fully valued. That means they weren’t compelling investment opportunities.