Edward Dowd says major market inflection points can unfold very differently: March 2000 peaked, then traded sideways for months before the selloff deepened, whi

Edward Dowd says major market inflection points can unfold very differently: March 2000 peaked, then traded sideways for months before the selloff deepened, while April 2009 marked a bottom. He now flags private credit strain and a yen at a 1986 low.