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Jun 05 2020

A Bear That Left VLT Unscathed?

  • Jun 5, 2020

Our VLT Momentum algorithm was driven into oversold territory for at least a few months in all prior postwar bears. It didn’t happen yet this spring, which implies that the “grieving process” was neither deep enough nor long-lasting enough to set the stage for anything like a repeat of last decade’s bull. Most of our valuation work says exactly the same thing.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager