The Future Tends to Look Like the Past

It's deja vu all over again. We find an article that could have been written today, but was actually published almost 12 years ago. What's happening today has happened before and will happen again. Stop looking so often and you'l be less worried.

We discuss how the various markets have done and suggest rebalancing.

A caller wants to know where the money will come from to pay for the latest government stimulus package.

Stop referring to the markets in the present or future tense. Stocks are not going done, they have only gone down.

Plus, you are not smarter than Wall Street professionals and even they aren't smarter than the market, long-term.

Could Boeing or some airlines go bankrupt.

Even investment grade corporate bonds turn out ot be riskier than Tom believed.

We share a great old quote from Benjamin Graham.

Finally, investors have been investing in the wrong Zoom.