|
|||||
|
by thetechnicaltake
The very erudite Dr. John Hussman is as good as a market researcher as there is, and he defines a set of market conditions that when they come together generally leads to poor equity performance. One of Hussman’s syndromes is the “overbought, over-bullish, overvalued, and rising yields syndrome.” My own research would agree this assessment. The markets tend not to do well when yields are rising and when investor sentiment is overly bullish. [...] If your major credit card lender discovers you’ve missed a payment or two, you’ll suddenly discover your little intro “teaser rate” of 4% or 5% interest or whatever, has suddenly skyrocketed to something like 29%. Which in turn only makes things worse for you, since you can’t afford payments on a 29 percent interest rate on your Visa or Mastercard. (Hey, you couldn’t afford payments [...] |
Custom Search
    |
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
|||||
