• Aug 16, 2022
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  Three stages of a bear market - Bookvar
  

  
  

  1. Valuation adjustment (we've seen this).

  
  

  2. Economic impact and earnings impact of a slowdown (we're beginning the first phase of this), particularly profit margins.
  

  
  

  3. Everyone throws in the towel.

  
  

  He expects 50 basis points and then 25s.
  

  
  

  #Bookvar
  

   
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  <div><b>Three stages of a bear market - Bookvar</b><br></div><div><br></div><div>1. Valuation adjustment (we've seen this).</div><div><br></div><div>2. Economic impact and earnings impact of a slowdown (we're beginning the first phase of this), particularly profit margins.<br></div><div><br></div><div>3. Everyone throws in the towel.</div><div><br></div><div>He expects 50 basis points and then 25s. <br></div><div><br></div><div><a href="http://landandseajournal.com/post/hashtag/Bookvar"><a href="http://landandseajournal.com/post/hashtag/Bookvar">#Bookvar</a></a><br></div> 

  Three stages of a bear market - Bookvar
  

  
  

  1. Valuation adjustment (we've seen this).

  
  

  2. Economic impact and earnings impact of a slowdown (we're beginning the first phase of this), particularly profit margins.
  

  
  

  3. Everyone throws in the towel.

  
  

  He expects 50 basis points and then 25s.
  

  
  

  #Bookvar
  

   

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