We are at that time of the year when many of us turn to prediction and reflection. Predictions are HARD to do. Few in the media or punditry ever get the economy or stock market right. Having made this observation I will venture out on the ledge and make one prediction. The media will continue…
Tag: Fox Business
Session 49–“Buying Stocks, Isn’t It Too Late?”
A friend, someone scared into an excessively conservative invested position by the 2008’s market crash, asked question the above. My answer was “No.” My reply was based on my long-term view detailed in “Session 7.” I believe world economies will continue to grow and, over time, due to competition for resources (Chinese and Indians becoming…
Session 42–Taper Mania, Taper Tip-Off…Whatever…
Taper Mania, Taper Tip-Off, whatever you chose to call it, the obsession with this issue continues to rattle the market. Last I saw, the 10-year treasury was trading around a 2.35% yield in after-hours trading (up from around a 2.18% yield earlier in the day). Volatility has come to the treasury market. And all Bernanke…