Things Are Still Getting Worse Out There [View article]
Agreed. Even if things stop getting worse, it is quite likely that the recovery, if and when it takes place, will be tepid, and unlikely to create jobs and corporate earnings that propel us back to the bubblesphere. Besides, demographics suggest net outflows from equities over the coming decade (or, at the very least, a diminution of net inflows). Additionally, the structural problems that created the problems are all still intact, if not exacerbated by recent policies.
I have been taking profits incrementally and increasingly since the S&P got into the mid 800's, and these have exceed my expectations in both magnitude and speed, and even if I am wrong, I'll still have had a very profitable year, and wish the same for all independent investors out there.
Things Are Still Getting Worse Out There [View article]
I have been taking profits incrementally and increasingly since the S&P got into the mid 800's, and these have exceed my expectations in both magnitude and speed, and even if I am wrong, I'll still have had a very profitable year, and wish the same for all independent investors out there.