The Golden Swan

What if I told you that the S&P 500 Index was going to fall back below 1,800? This would represent a decline of more than a quarter from current levels, which would push stocks into official bear market territory. What if I also told you that this drop below 1,800 would not happen until the year 2020? Sounds good, right? But what then is the S&P 500 Index doing in the meantime? Such is part of a golden swan scenario for U.S. stocks.

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Published by Eric Parnell

Registered Investment Advisor

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