The views of a so-called “expert” commentator back in 1864 nearly derailed Abraham Lincoln’s bid for re-election with what was perhaps American history’s most successful fake news campaign: The anonymously written Miscegenation Pamphlet.
According to my calendar, today (Monday 6th March) represents the eighth year of the current recovery and secular bull that started this month in 2009.
We shouldn’t wonder why celebrity analysts who regularly call for market tops, when indexes and values are rising, are worshipped by the investor herd as if they had magical powers. And that’s because they actually do.
I’m always amazed by the number of folks who still don’t understand the basics about money and how to protect it and make it grow. Here’s an example….