Framework for Understanding Market Tops and Bottoms
MishTalk
APRIL 6, 2014
What follows are a few snips from the full report. Likewise, many elements of a market top were evident in late 2006, but markets didn’t begin to collapse until very early 2008. They are significantly below levels seen in 2000, but that was the biggest M&A wave ever and marked the peak of telecom, media and internet bubble.
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