David M. Braunstein CPA CFA currently manages money managers and manages a bond portfolio for a wealthy family in California along with many administrative duties. Prior to this, Mr. Braunstein worked seven years as a sell-side analyst for Kemper Securities and Bank of America. He was a... More
I’ve been wondering if I should do this myself with all this talk about inflation in the distant future. The theory is that we will incur so much debt that foreign holders of our currency will get nervous and “diversify.”
OK, let’s say I’m in China and I’m nervous about the USD. Where will I chose to go? The yen is unofficially tied to the USD. The Euro is grossly over-valued and the European economies are a running circus. That takes care of the three major currencies. Let’s list some of the over options:
Some people say that emotions rule the stock market. Well, the market activity in late 2008 and early 2009 can be viewed as nothing short of traumatic. Psychologists say people confronted with traumatic events go through five stages of response -- shock, denial, anger and bargaining, depression, and acceptance and resolution. The chart below shows these five stages applied to the 1929 Stockmarkt Crash. (DJIA)
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Should I invest 10% of my portfolio in gold?
Trama Emotions and the Stock Market
Some people say that emotions rule the stock market. Well, the market activity in late 2008 and early 2009 can be viewed as nothing short of traumatic. Psychologists say people confronted with traumatic events go through five stages of response -- shock, denial, anger and bargaining, depression, and acceptance and resolution. The chart below shows these five stages applied to the 1929 Stockmarkt Crash. (DJIA)
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