“The whole idea that the stock market reflects fundamentals is, I think, wrong. It really reflects psychology. The aggregate stock market reflects psychology more than fundamentals.” Robert Shiller, Nobel Prize-winning…
No Records This Month
Markets go up and markets go down, so maybe it’s not surprising that January’s stock market performance has less exuberance to it than the performance to which we’ve become accustomed.…
Bully for 2013 … But What About 2014?
2013 markets were full of bull. The economy continued to sputter along, growing at about 2%, unemployment remained high and corporate profits were mediocre. Yet the S&P 500 index rose…