Ep. 118: The Trends of China with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Trend Following Process in China
The SFP has gone down 50% in the last decade twice. The NASDAQ went down 77%. The Nikkei went down 75% plus and stayed down for 20 years. That's not an apples and apples comparison. I mean, that's definitely a little shady on the edges in my humble opinion. Now, we see the shady in America too from Bernard Madoff to long-term capital management.
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Transcript
