Well, I’ve often heard that when the stock market bottom occurs it will feel absolutely horrible to own stocks and even foolhardy to contemplate a new purchase. It certainly feels like that now. Its hard to summon the requisite optimism to even look at the market or even my stock screen at this point. But [...]
Since starting my model stock portfolio in mid-October, it sure has been a wild ride. TickerSpy, which is a great (and free) portfolio tracking sevice and community site, has shown my portfolio up by as much as 25% and down by a dismal 30%, all in just a short two month run. After trailing the [...]
Ritholtz reads the Federal Reserve Bank’s flow of funds and discovers that household net worth is falling at the breathtaking rate of $1 trillion dollars a month. Just 56 more months of this and the entire country will have negative net worth! Eeeeyyyaahhhhwww!!!