As stocks get more expensive, investors get more bullish. To a certain extent, this isn’t unreasonable. After all, some of the best times to enter a trade are when an asset class is hitting a 12-month high, and the worst times are when it is hitting a 12-month low....
-5.93% -12.5% -18.6% The percentages above may read like a bear market lottery listing, and in many ways, it is. From August 18, 2015, until the close of market on October 2, they represent the returns of the Dow Jones Industrial Average, the German DAX Composite...