There are often obscenely optimistic, pessimistic or outright ridiculous titles to get clicks in major financial outlets and the vast majority of the time it’s complete bunk. From the book Dow 36,000 to predictions of gold prices at astronomical levels, it’s a game of one-upmanship to see who can devise the most outrageous theorem and [...]
There is a growing chorus of angry groups calling on BP to suspend its dividend payments to shareholders until this whole matter is settled and all parties affected are made whole, however that is ultimately determined. As any cause that has a tinge of populist support, politicians jump on the bandwagon. So, now various members [...]
Timing is Everything – Investors Who Sold at the Bottom Piling Into Stocks Now?
With major market indices just about doubling in less than two years from the market bottom following the financial crash, retail investors are finally starting to pile back into stocks. Talk about timing, huh? I was blown away by my friends and colleagues who were proclaiming in 2009, “I’m out! I’ve had it! Wall Street [...]