Investors are being advised by Princeton Professor Burton G. Malkiel (“ ‘Buy and Hold’ Is Still A Winner”) to hang in there, even when the market drops 60% of its…
QE2: Will Investors Buy Higher Prices?
The chief role of the Federal Reserve used to be to fight inflation. It was a role the Fed played well, generally holding inflation in check since the 1980s. With…
When Good News Is Bad News
Sometimes investment managers live in Bizzaro world, the place in the old Superman comics where everything is the opposite of what logic would dictate. A case in point is the…