Peak Hubris----Even The Greatest Investors Are Clueless About How The Bubble Ends

Both highly successful investors and thought leaders are telling the story of tenable market risks but then tempting investors with the possibility of a grand finale worth chasing.

No one knows how this current bull market will end. Dalio and Grantham may be correct, and it may end with a melt-up, blow-off rally for the ages.  On the other hand, it may have ended last week with the blow-off rally having occurred over the last year. To put a historical perspective on how this market may top, the following charts compare the death of the NASDAQ 100 bull market in 2000 and the end to the S&P 500 bull market in 2007.

http://davidstockmanscontracorner.com/?p=176092&preview_id=176092&preview_nonce=92679bbec2&preview=true

 

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