7.09.2007

When the market's a-rockin', don't bother knockin'

The foreign stock EFA and the emerging markets EEM both hit all-time highs today. The U.S. VTI, not so much.

Stick with stocks, both foreign and domestic. Sure, there's recession risk. But they still look a hell of a lot better than bonds, cash, real estate, or leveraged subprime mortgage-backeds.

No comments:

Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...