Gee, this chart looks familiar . . .
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Source:
Stock Investors Lose Faith, Pull Out Record Amounts
E.S. BROWNING
WSJ, DECEMBER 22, 2008
http://online.wsj.com/article/SB122990642933825357.html
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Q: Why do Economists provide estimates of inflation to the nearest tenth of a percent? A: To prove they have a sense of humour.
"The Greek offer is not sufficient and they have to go away to come up with a revised plan," said a spokesman for the German Finance Ministry. The Greeks must first have a plan that satisfies the Germans which this comment states they clearly don't yet and then the Greek Parliament will vote on it this weekend. This said, whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets. A failed vote will likely lead to a hard default which may be what...
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December 23rd, 2008 at 9:05 am
Why is QID $59 Bid Ask?
Did the credit swaps it has blow up? I thought this might happened and this is why I never owned the fund.
December 23rd, 2008 at 9:07 am
Ah distrib, I see it.
December 23rd, 2008 at 10:06 am
The implication is that we are, at best, halfway through this bear.
December 23rd, 2008 at 11:05 am
Interesting that 29-42 is the only secular bear market that wiped out the gains of the previous bull market.
December 23rd, 2008 at 3:23 pm
DP…let’s wait and see what the next 5 years bring. History has a way of rhyming as they say.