Too Long; Didn't Read
Half-way into 2018, it’s become clear that we’ve strayed far away from the jubilant exuberance that characterized the peak months of December and January. Many people are predicting that this is merely a small bump in the road, and we will be at an all-time-high in December. But for the sake of conjecture, let's consider this: What if the bear market endures until the end of 2018? Monte Carlo simulations are used to model the probability of different outcomes.