I just came to the conclusion that the crash of 2000 never ended. What began with volatility in March of 2000 has never really stopped. There have been some rally attempts but a massive, major bear market of the proportions of 1974-75 has gripped the market and not let it go.More...
The equities markets have never been known for patience. That is why they continue to spiral wildly, testing new lows. It is not just the fear of a recession that has things bouncing around. It's a bout of impatience, brought on by the instant gratification internet age.More...
The equities markets have never been known for patience. That is why they continue to spiral wildly, testing new lows. It is not just the fear of a recession that has things bouncing around. It's a bout of impatience, brought on by the instant gratification internet age.More...
There might be a bounce coming in the week ahead, but there will be no meaningful mood until the economy improves. The problem is the economy does not seem to be getting any better. The market is trapped by fears of recession. The first sign that a recession definitely will not happen will mean a really sharp bounce back.More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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