This is an interview with Howard Davidowitz of Davidowitz & Associates, a retail consulting and investment banking firm that was posted on Tech Ticker on Yahoo Finance.
He notes that during the Great Depression when the stock market lost 90%, we had two of the biggest rallies of more than 40%.
“People were sucked in and ultimately were destroyed,” he says.
It’s a warning to today’s investors, who are hoping to extend the rally.
The article and video are posted here:
originally published at Retail - RSV News