High Risk and Low Return?
With the market pressing forward toward record-setting gains, I continue to see clients that don’t believe that this market rally is for real. In the face of economic challenges, employment declines, widespread de-leveraging and an increasing tax load the market has continued to climb. In part the question is an attempt by some investors to pick a market top and make an investment decision based on a view of a short term market reversal.
One of the...