Wishes, Fantasies, Delusions, And Dumbasses

Wishes, Fantasies, Delusions, And Dumbasses (via Market Shadows)

We Wish By James Howard KunstlerWishful thinking now runs so thick and deep across the USA that our hopes for a credible future are being drowned in a tidal wave of yellow smiley-face stories recklessly issued by institutions that ought to know better. A case in point is the Charles C. Mann’s tragically…

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Fear, greed and the myth of stock market highs

Markets are driven by fear and greed, with recent fears centered on the perceived perils of investing when markets have just reached an all-time high. Fundamental Equities Global CIO Tony DeSpirito suggests this concern may be overblown, with historical patterns showing that investing at market highs has had little to no impact on longer-run performance outcomes.
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