“There Are Plenty Of Investors Who Would Celebrate An 8% Drop”

I don't know if this is ultimately bullish or bearish, but former FX trader (and self-described "prema-bull") Mark Cudmore isn't predicting the end of the world anymore. There for a while Cudmore's daily missives were overtly cautionary. Some choice soundbites include: Markets are sleep walking into a disaster. I’m overwhelmed by a large sense of concern as I gaze across markets. I'm worried. But you know, that was "way" back in January and since then, we've seen a relentless rally as marke