globalmacro

Why It's Time to Be Invested in the New Recession

Beautiful Commentary! We have several clients who work on Wall Street and they've worked themselves up in the exact way you describe. I've been saying this since late January but it's been hard to find anyone but outright bears on these boards. Thankfully, I understand that the overwhelming negativity was very bullish. We were very long Google going in to earnings and we've been rewarded for continuing to buy exactly the type of companies you describe. This is one of the best pieces I've read on here this year. Thank you.