Future 10-Year Returns
16 Nov 2015
Bob Kargenian was quoted in Barron’s last week in a letter to the editor: “I was rereading the Sept. 14 interview with Joe Rosenberg (‘The Wisdom of a Nonconformist’), and I was struck by the contradiction in one of his comments. He said, ‘Equities over the past 15 years have generated meager returns. To those […]
Evidence is Neutral. A Disciplined Process.
10 Nov 2015
On September 29, stocks were near their lows for the year, with the S&P 500 down about 12% from its May peak, and other indexes even more. In the last five weeks, that decline has been mostly erased, with gains of nearly 12% in large cap stocks. Other areas have lagged though, which may set […]