Which Side of His Mouth Should We Believe?

Nouriel Roubini (the economist known as “Doctor Doom” for his recent and accurate prognostication of the financial crash) said in a recent article that “investors should stay away from risky assets and the equity markets in 2009.”
Later in the same article it was noted that “Roubini still holds 100% of his retirement assets in equities, [...]

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Another Great Depression? Not Likely and Not as Bad as You Think

What if we’re at the start of another great depression? First, that seems very unlikely but if we are, then the market still has a long way to fall (another 60% actually).
So you should sell, right? Wrong. Even if you invested on the eve of the subsequent 60% market drop, if you hung in there [...]

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Why This Recession Seems Worse

Everyone seems to saying how different this recession is from previous ones. In reality, though, “it’s different this time” are very dangerous words when it comes to your investment portfolio. This is the fifth time in the last 40 years that the S&P 500 has dropped more than 29%.
It is, however, the first time since [...]

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