Tuesday, August 09, 2016

"Sell Everything"... But Why: What Has 
The Smartest Investors So Spooked?
With so many fund managers advising selling all (or most) investments, why has the U.S. stock market been able to maintain its levels .. "None of that has been enough to spook U.S. equity markets. So whatever the big boys think they know, it must be really bad. But what is it, and why is it so hidden from view? .. Don’t tell me that these big-money investors are just making a valuation call – they all know better than that. Try walking into any of their offices and saying 'U.S. stocks trade at 18x earnings… Time to short em…' Your feet would barely touch the floor as security escorted you .. out of the building. No. It must be something larger. But what?"
LINK HERE to the commentary

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