The S&P 500 is tied for its 2nd best performance since 1990. Only 1991’s January/February trading action has been better.
The new multi-year bull market is here – but it’s not in the S&P 500 or the Dow or the Nasdaq.
Since the September highs, shareholders of the FAANG stocks have lost, collectively, over $1T of equity, but this might only be the beginning.
It’s been a heck of a bull run for U.S. equities in the past decade. With all of the capital that has piled into the stock market, you’d think that everyone would have benefited from this historic bull market. But is that really the case, and what’s going to happen when it all comes crashing down?
Today, we’re publishing part 3, the final section of this complete playbook for sophisticated investing in bear market conditions.