Dear Reader,

‘It could take two years…four years…10 years or more’

That’s Bill Bonner’s prognosis for the end of this ‘everything bull market’.

He kept it fairly wide open.

Knowing the extreme power that central banks have to print fake prosperity.

But it turns out Bill was wrong with even that rather general prediction.

Because he made it on 19 May 2009.

Three months into the post-GFC rebound which began in March that year.

And, 147 months later and counting, that rebound is still going strong.

Impressive?

Or terrifying?

It’s both, according to Bill.

That we’re overdue a bear market is now something of an understatement.

And the time for Bill Bonner to finally hang up his hat may be overdue too…

If you've enjoyed Bill Bonner's Diary over the years — or even if you are new to Bill's work...

I urge you to check out what could be his final long-form message here.

Regards,

James Woodburn,
Publisher, Fat Tail Investment Research