Markets cease to matter when the government constantly bails them out. I hate to lose money as much as the next guy, but, as one fund manager put it, all you have to do now is buy what the Fed is buying.
Markets cease to matter when the government constantly bails them out. I hate to lose money as much as the next guy, but, as one fund manager put it, all you have to do now is buy what the Fed is buying.
The only mgt decision you can make is what color paint in on your equipment.
Three months ago-the condenses here on FR was “abolish the FED!” Well-I would imagine that every single one of those FED bashers are thankful the FED was there with its multiple TRILLIONS to bail out there 401ks. If it wasn’t for them-the markets would have never been at 29k to begin with-and they’d be under 10 right now.