In my blog I like to present both sides of the argument and then give you which side is more persuasive to me.

This article states what I feel, which is that we’re in a long term bear market, but we’ll have years that are good (like 2009 and 2010).

Secular bears end when the excesses that caused the prior bull are extinguished.

I’m not convinced we’ve addressed the excesses yet.

 CLICK FOR FULL ARTICLE – IS THIS YOUR AVERAGE SECULAR BEAR?