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   Investment Thoughts - Quotes on the Fly

Fears of "lost decade"
Quote

 

"In fact, we've had non-stop "new normal" headlines for four years. Except new normal didn't happen (...) Those in the media love making long-term forecasts because they're attention-grabbing. More important, they know no one comes back after 10 years to fact check them. Heck, investors don't check back after a few months. It's safe for the journalist, dangerous for you. Long-term forecasts may be fun and easy, but they tell you more what people don't know about markets than what they do."

Interactive Investor, July 25th 2013-Ken Fisher

25.07.2013