The Future is Now

A dismal view of probable future equity returns from John Hussman. Unfortunately, he is not the only (or the first) to predict such bleakness for the next decade or so.  That’s not to say you should try to time this market but if you’re currently sitting in cash, you probably shouldn’t be in a big Read more about The Future is Now[…]

No One Knows What the Market Will Do

Henry Blodget’s “Aha! Moment”: “When I finally realized that no one knows what the market is going to do, I developed a very different philosophy about money management — including, importantly, the management of my own money (some of which I had vaporized by overestimating my own odds of knowing what the market was going Read more about No One Knows What the Market Will Do[…]

Seven Predictions for 2014

Chuck Jaffe writes: “In nearly 20 years of covering the mutual fund business, I’d like to think my annual forecasts for what will happen in the industry in the year ahead have been significantly more accurate. I have typically gotten about three-fourths of my prognostications right—and when I’m off, typically, it’s more a case of Read more about Seven Predictions for 2014[…]

The Myth of America’s Decline

“It’s a cyclical phenomenon,” Joffe says of the predictions of America’s decline. But just as “declinists” were wrong about Russia in the 1950s and Japan in the 1980s, current forecasts about America playing second fiddle to China will also prove wrong, he says.”  Read the full article >>