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SMLL - Investor Return Expectations Are Way Too High
Direxion Daily Small Cap Bull 2X Shares
If everybody indexed, the only word you could use is chaos, catastrophe… The markets would fail. - John Bogle, May 2017
A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years… We are profoundly worried that this could be a risky allocation over the next 10. -Sanford C. Bernstein & Company Analysts (January 2017)
Introduction
As a market historian, the price action of the markets today is every bit as remarkable, and I would argue even more remarkable, than the 1996-2002 price action and the