Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Get Down to John Rekenthaler's Email Routing List Email & Route  Print Print
Monday, September 09, 2013

Get Down to John Rekenthaler's "Great National Funk"

News summary by MFWire's editors

Morningstar's John Rekenthaler writes of a Great National Funk, not a James Brown-inspired funk, but the kind of funk that comes from market extremes changing investor behavior.

After the 2008 crash, a certain idea became widespread, namely that buy-and-hold investing was dead, Rekenthaler writes. The idea was driven by anxiety and fear, boosted by personal finance writers, money managers and investment strategists Rekenthaler says.

Though Pimco's [profile] Bill Gross' prediction of a new normal, that the U.S. economy would simply move along at slow pace rather than rev up its engine post-recession, his other prediction that stocks would would have a lower rate of return in the future, did not pan out, Rekenthaler writes.

Surprise, surprise, people have now realized that making stock decisions based on a bond economist's fortune telling was not a wise decision, Rekenthaler says, as it left investors who ditched stocks after 2008 lost near the amount of their original investment in opportunity cost.

To read more, click here.  

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use