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Michael A. Gayed highlights the speed at which bear markets can erase years of market gains. He points to February 2020, when three years of progress were eliminated within five weeks.
Gayed argues that this rapid market downturn underscores the risks of buy-and-hold strategies, especially during periods of elevated market stress.
Gayed has previously noted that Jeremy Grantham and Michael Burry have achieved greater financial and personal success than their critics, according to a recent article. In a separate post, he stated that a severe yen short squeeze could trigger a reversal of carry trades, positioning U.S. Treasuries as a main safe-haven asset, as detailed here. These viewpoints reflect Gayed's ongoing attention to risk and defensive positioning in volatile markets.