INSIDER TODAY: Why are the protests so much more intense?
File this under "let us hope." Viruses do mutate, sometimes into more deadly and less deadly forms. A couple of doctors in Italy believe the coronavirus has become less deadly than it was a few months ago. One strategist believes the ongoing stock rally is setting up a "classic bear-market trap."
Having worked as a professional analyst and journalist during two of the bear markets Rosenberg describes — and having studied the "Great Crash of 1929" — I can confirm that these patterns are real. As David Rosenberg notes, we saw a similar pattern in 2008. And we could certainly see a similar pattern here.
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