UltraShort ETFs: Is Betting Against the Dow Still the Way to Go? [View article]
Not to argue if this is a bottom or not, just to correct misinformation.
It is not true that the Great Depression bear market "took 4 years to find a bottom".
The stock market bottomed on July 8, 1932. About 2.5 years after the peak. This market bottom came more than a year before GDP started to improve and many years before the broader economy great-depression was over.
UltraShort ETFs: Is Betting Against the Dow Still the Way to Go? [View article]
It is not true that the Great Depression bear market "took 4 years to find a bottom".
The stock market bottomed on July 8, 1932. About 2.5 years after the peak. This market bottom came more than a year before GDP started to improve and many years before the broader economy great-depression was over.
en.wikipedia.org/wiki/...