Stocks may bounce back after last week’s losses, but eventually the bottom will drop out. When this long bull run finally ends, it may do so with startling force and volatility—stoked by automated trading, unflinching “sell” algorithms, and a dearth of buyers bold enough to try catching a falling knife. All this will unleash a spiral of demoralization on cable television and beyond. A parade of pundits—respected market-watchers, wealth advisers, former traders, journalists—will go on the air and evince an almost unanimous,...

Source: Wall Street Journal March 25, 2018 19:07 UTC