“We’re in the very late innings” of this bull market, Ned Davis tells Financial Sense Newshour today, which is a problem since there’s currently a bubble with passive investment strategies tracking the major indices. Ned discusses market valuations, historical comparisons of prior market tops, the message coming from leading indicators, and why professional forecasters often get it wrong. Ned Davis is the Senior Investment Strategist of Ned Davis Research and also the author of two must-read books, Being Right or Making Money and The Triumph of Contrarian Investing.
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