VTI - Searching For A Bargain - Volume IV: Where Contrarians Look After A Monster Rally
Introduction
Twice a year I conduct a screen of North American indexes, international benchmarks, and a top-to-bottom assessment of the existing watchlist here at Contra the Heard Investment Newsletter. This latest watchlist could not be more different than the one produced in March and April. At that time, the COVID-19 Coronavirus had altered the investment landscape significantly, with major global benchmarks falling into bear market territory. By contrast, markets are now back at record highs, and 2020 may go down as the year of the bipolar stock market.
As a result, the watchlist has