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One Bear Market from Disaster

“Past performance is not indicative of future results,” goes the hackneyed investment disclaimer.  No doubt, this warning’s been repeated so often no investor gives pause to consider it.  Perhaps now, six years into a bull market, is a critical moment … Continue reading

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Holding the Permanently High Plateau

“Stock prices have reached what looks like a permanently high plateau,” said Ph.D. economist, Irving Fisher, on October 17, 1929.  “I do not feel there will be soon if ever a 50 or 60 point break from present levels, such … Continue reading

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