Stock market illusions, part 2: stocks lie, bonds tell the truth – FXStreet
Stock market illusions, part 2: stocks lie, bonds tell the truth – FXStreet
In Part 1, I discussed what drove the stock market up over the past 13 years. If you missed it, you can find it here. In Part 2, I will discuss the popular notion that the stock market is a “forward-looking mechanism”. What this basically means is that stock prices in the future profits of […]
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