Category Archives: Daily Top Ten

Topley’s Top Ten – December 7, 2017

1. It’s Not Over, but the Fat Lady is Stretching in the Warm up Room

It’s the end of the world as we know it
It’s the end of the world as we know it
It’s the end of the world as we know it and I feel fine

REM “IT’S THE END OF THE WORLD”

Key Takeaways

  • Professional managers feel pressure to increase risk in order to produce outsized returns in a one-way market that seems to go only up.
  • There is still some steam left in this bull market, but a downturn will eventually occur when earnings are exhausted.
  • Tech will not be immune to the downturn.
  • The good news is that we will face a good-old fashioned correction—not a crisis—and we always come out of recessions stronger than before.

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