Bearish Lamensdorf's 7 Charts To Watch in 2017Bala Murali Krishna
The Dow Jones Industrial Average is up about 8.5% since Donald Trump won the presidential election – up from 18, 333 on Nov. 8 to 19,891 on Feb. 1. Many have been concerned by the surge. To Brad Lamensdorf, author of The Lamensdorf Market Timing Report, this “large dose of enthusiasm into an already overvalued market” is “very worrisome.”
“From a contrarian perspective, these record-high indicators are warning signals to watch out. We take these warning signs very seriously,” he wrote in . . .
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