Feb 28, 2020
Is the January Effect dead? Is it now the February Effect? After Tesla nearly hit $1000 per share, it's now fallen almost 20 percent. Global trade contracted in 2019. Perhaps the world economy was already declining and this is just the final chapter of the stock market's long extended bull market. Passive investing is the dominant form of investing, whatever happened to stock pickers? And the debt keeps on increasing. But the important question is are we really at the end or can the world's central banks achieve the impossible and inflate the market for yet another go 'round?