According to last week’s Wall Street Journal, the top-stock buyer for the government of a very oil-rich Middle Eastern nation has been scooping up multiple shares of Marriott and Boeing (Disney World and the airliner)…
Not so long ago in what now looks like the good old days hundreds of Thrift Savings Plan account holders were hoping to be inducted into the Millionaires Club.
In the real world the real heroes, i.e. the people who will literally save our bacon right now, are mostly unknown, faceless bureaucrats.
Over the past 11 years just about everybody and his brother has predicted that the record-long bull market couldn’t last forever.
The one sure thing about stock market predictions, whether and when it will boom or bust, is that eventually you will be right.
Managed to finish two horror novels last Thursday. The bad news is they were both true, as near as we can tell.
Well, it finally happened. After 10-plus years, the longest bull market in history, the stock market had an historic correction.
Most people know the rule is buy low, sell high. If you buy that, the problem is knowing when the market has peaked or bottomed out.
Just about everybody knows the stock market is long overdue for a correction of 20% or more — maybe a lot more.
Could the next government shutdown end the record 10-year bull market and trigger another recession? It may not be long until we find out.