Nothing Goes to Hell in a Straight Line, not even on Wall Street.
I have to admit, it was the most volatile holiday period in the stock market and the credit markets that I can remember – and perhaps in history. All kinds of crazy things happened, just when market participation was thinnest. These were crazy moves. But those crazy moves won’t be the last crazy moves (11 minutes).
Here are the ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too. Read… Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out
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