The stock market is headed for a hard 'reset' that could take years to recover from, CIO says
The stock market is headed for a hard 'reset' that could take years to recover from, CIO says
Stocks are poised for a "reset," according to Technical Traders' Chris Vermeulen.
Defensive areas of the market are rallying, which is typical in a late-stage bull market.
Bull markets are inevitably followed by bear markets and a financial reset, Vermeuelen warned.
Stocks have been in the midst of a long bull market, but there are signs that it's finally going to run …