Optimists

Optimists

The Biggest Urban Legend in Finance (Arnott)
by Robert Arnott, Research Affiliates Stocks ought to produce higher returns than bonds in order for the capital markets to “work.” Otherwise, stockholders would not be paid for ...
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Richard Russell (Dow Theory Letters): What are the markets trying to do?
“The market situation has seldom been more confusing. Many analysts are convinced that we are in a new bull market. Others (me included) believe we are in a ...
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