So maybe the economy isn’t headed over another cliff after all? Last week’s economic data wasn’t great but it was enough to rally the market 3.5% just because it wasn’t as awful as expected. I haven’t been particularly worried about the prospect for a double dip into recession land because I’m an eternal optimist - [...]
The name of this blog is Contrarian Musings for a reason. Investing is nothing more complicated than buying low and selling high. The only way to accomplish that is to be a contrarian. Investments for which there is little demand will be available at favorable prices. Investments for which there is great demand rarely offer [...]
If you style yourself a contrarian - and most investors do - this should be music to the ears of a stock buyer:
In Striking Shift, Small Investors Flee Stock
Market
Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of this year, according to the Investment Company Institute, the [...]
The GDP report last Friday confirmed what all sentient beings outside the immediate DC area already knew - the recession was worse than the official data keepers told us at the time it unfolded. That fits a pattern of cluelessness on the part of policymakers who are preternaturally optimistic and thanks to taxpayer funded salaries, [...]
