Maybe Felonius, but Not Erroneous

Maybe Felonious, But Not Erroneous (via Market Shadows)

Maybe Felonious, But Not Erroneous Courtesy of Karl Denninger, The Market Ticker If you were watching your trading screen today at about noon central you got a hell of a surprise when the market suddenly collapsed on huge volume, with the S&P futures dropping from 1573 to 1558 in seconds and then…

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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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