by Robert Arnott, Research Affiliates Stocks ought to produce higher returns than bonds in order for the capital markets to “work. ...Read more Comments Off on The Biggest Urban Legend in Finance (Arnott)
“The market situation has seldom been more confusing. Many analysts are convinced that we are in a new bull market. Others (me inc ...Read more Comments Off on Richard Russell (Dow Theory Letters): What are the markets trying to do?