Mr Market Flunks the Marshmallow Test

Kevin Duffy is a principal of Bearing Asset Management which he co-founded in 2002 with Bill Laggner. Kevin has built a wealth of experience while managing his firm over the years and recently treated the audience at Grant’s spring conference to his view on the current state of the market. Duffy’s presentation, titled “Mr Market Flunks the Marshmallow Test” is an excellent overview of global markets, which outlines both the bull and bear case for equities. Mr Market Flunks the Marshmallow Test Starting with the bear case, Duffy notes there’s been a near extinction of bear funds since the end of…