Our call of the day comes from a forecaster who escaped this bear market by exiting 90% of stocks before the virus started to grip the world, after he warned months prior of too much optimism for equities. Yves Lamoureux, the president of macroeconomic research firm Lamoureux & Co. who correctly predicted a panic event of 2018, now sees a series of rolling bear markets ahead. He started talking about what he calls a Global Financial Crisis 2.0 as early as late October 2019, then began selling stocks in December, leaving him with just a “few good ideas,” by late...