This chart is making the rounds on Twitter right now. Liz Ann Sonders (@LizAnnSonders), Chief Investment Strategist at Charles Schwab, brought it to our attention. It shows the maximum drawdown in the S&P 500 each year going back to 1914 with our current year the shallowest in history.
h/t to @LizAnnSonders - S&P 500 has experienced "shallowest drawdown in history" this year pic.twitter.com/KLyO2xaxQI
— Financial Sense (@FinancialSense_) September 28, 2017David Abrams Explains How To Value Stocks
Continued from part one... Q1 hedge fund letters, conference, scoops etc Abrams and his team want to understand the fundamental economics of every opportunity because, "It is easy to tell what has been, and it is easy to tell what is today, but the biggest deal for the investor is to . . . SORRY! Read More
Combine that with not a single US stock showing up in Ben Graham's "deep value" screen and record levels of borrowing by individuals to buy stocks at these prices and you have an interesting set-up in the making.
Article by Financial Sense