This Week's Highlights
- To expect market gains to accumulate without pain along the way is like expecting weight to fall off without the pain of proper diet and exercise.
- Recent weakness is painful, but in the context of a bottoming process, it is both expected and acceptable.
- Pain incites questions, but if we're being honest with ourselves, most of these emotionally charged questions are unanswerable. Answering them only exposes us to behavioral traps in the future.
- We can objectively assess market. . .