This morning Dr Wealth CEO Alvin Chow asked me to pen my thoughts on the context of the Great Recession of 2008 against our current economic back-drop. I decided not to do so yet because I am in the middle of aggressive back-testing on this new bear market, what I want to know is to get a real-time understanding of investment factors that fail when the market is in free-fall. The results will probably be available next week before my next preview.
But Alvin said that this is a good time to demonstrate some pathos to the investing public. I don't think the Dr. Wealth blog is ready for any pathos from me yet, like many investors I am shellshocked by recent market moves, but this blog can accommodate my more random musings.
The truth is that I'm really angry today.
This is nothing like the Great Financial Recession. During the GFC, I...