Chris, it is easy to explain the situation now that it has occurred. But where were you 2 or 3 years ago? I would venture to guess you were riding the wave of thought on our "great economy," similar to all of the other "pros." If you are going to hold yourself out as a CIO, you need to predict what is going to happen instead of reporting what has happened. As far as I can tell from this article, you are way behind the curve. If you would like some real insight let me know. I'm here to help.
The Reverse Wealth Effect [View article]