The speaker discusses why he is very excited about the current bear market. He is a value investor and believes that major bargains are available in the market. His goal is to locate very solid companies with very good business models and balance sheets.
During the crash in October of 2008, The speaker from RBC Wealth Management believes a bottom in the markets may not be far off and suggests that investors should not be panicking. He believes that this bear market move is not the beginning of a new bear market; rather, the continuation of one from 2000.
This video is from November of 2008 and the speaker discusses how he believes that the market entered into a secular bear market and walks through the charts of the major markets. He suggests that he still believes that the 2002 lows in the S&P 500 will be hit in the fu
The speaker discusses the economic crisis and its impact to the treasury and commodities markets. He talks about the crash in oil, gold underperformance, Dow Jones Industrial Average, and the housing market and regional banking index.