Richard Russell: Bear Market Will Last Longer, Go Deeper Than People Expect | WHAT REALLY HAPPENED

Richard Russell: Bear Market Will Last Longer, Go Deeper Than People Expect

Yahoo! Finance -As in the accompanying video, Russell pulled no punches when he was (inevitably) asked for his views on the market: "This bear market will be deeper and longer than most people think," said the legendary market watcher. "People got optimistic too quick" about the recent rally, which he says is doomed to fail. "None of the characteristics of a major bottom" are evident, most notably dirt cheap valuations.

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