We're Already In A Bear Market: Charles Gave

``Synopsis: None of the top 15 stock markets have out performed the UST 10yr over the last year; Most bear markets arrive unannounced; US economic activity continues to slow down as result of Fed's silly policies of artificially low rates.; The slowdown will cause more people to default; Fed can have a crisis now or a crisis tomorrow; Higher interest rates will cause a collapse in economic activity; A lot of debt will be destroyed particularly those issued by European countries; One needs to own assets that will be there on the other side.''