I have been saying all along with the CB intervention around the world there will be no big crash this time it will rather be death by a thousand cuts which will take a lot more money off investors all the way down. All the talking heads keep telling people to buy resource stocks and banks and keep saying that banks will finish higher in 2015 and now they say in 2016.
All I have to say is this is not going to be the usual big V shaped collapse. The bottom is going to stay in for a few years or until global growth picks up and in my opinion that is not going to happen for years.
If you buy in at what you think is the bottom it may well stay there for years to come.
