A tale of two markets by Vilas Capital [timeless] The equity markets, over the last decade, have vacillated between extreme levels of fear and greed. Usually, periods of fear accompany economic downturns while periods of greed appear after many years of strong, unabated economic growth. Ironically, it is during periods of fear and uncertainty where great opportunities appear while long periods of growth lead to stretched valuations and many potential land mines. Occasionally, we find periods of time where a portion of the market is fearful of future economic growth while other parts are extremely optimistic. We appear to be…
A Tale Of Two Markets As Demonstrated By Amazon Vs GM
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