Post tagged with history
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What is Market History Telling Us?
September 16th, 201001:58 PM ETBy Mark BillerHere's an interesting study from Bespoke Investment Group. They went back to 1928 looking for the six-month period where the stock market most closely resembled the six months we've just been through. Then they looked to see what the future held from that point. See their study and charts here. Particularly noteworthy is the way that 1959/60 peri... -
On Presidents' Day, financial wisdom from past presidents
February 15th, 201012:38 PM ETBy Joseph SlifeBelow are several quotes about money management from late U.S. presidents. Some quotes relate to personal financial management, others to the management of the government's finances. Some touch on both areas. First, from Kiplinger.com: George Washington: "As a very important source of strength and security, cherish public credit. One method... -
It's Difficult to Make Predictions — Especially About the Future
December 10th, 200911:44 AM ETBy Joseph SlifeAs we've stressed before, no one knows the future except God. Not even the best and brightest financial "experts" have a good track record for accurate predictions. Writing at SmartMoney.com, Jonathan Hoenig takes note of a few things that the experts got wrong when, at the end of the 1990s, they looked ahead to the next decade: It was just... -
September is here — should we be nervous?
September 03rd, 200907:48 AM ETBy Mark BillerWe're barely into September, but already two mutually-reinforcing things have happened: A plethora of "September is the worst month for the market" news items have been generated; and The market took a dive on the first day of the month, as if to announce its arrival! Here's the background: September does in fact have a well-earned reput...
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