What Goes Up Also Comes Down: The Heavy Hand of Bubble Symmetry

What Goes Up Also Comes Down: The Heavy Hand of Bubble Symmetry

SGT Report - 2023-02-01 - Original post - Cached copy

by Charles Hugh Smith, Of Two Minds: Should bubble symmetry play out in the S&P 500, we can anticipate a steep 45% drop to pre-bubble levels, followed by another leg down as the speculative frenzy is slowly extinguished. Bubble symmetry is, well, interesting. The dot-com stock market bubble circa 1995-2003 offers a classic example of bubble […]

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