This is Not a Bull Market: Stocks Are Not Up, and They’re Headed Even Lower [View article]
Graham,
Here is another simple measure. I bought $10,000 worth of shares in a growth stock fund in early March. When I now look at my statement it claims that those shares are now worth $13,563. It looks like those stocks are UP to me. Even if I adjust for inflation (#3) or annualize (#1), they still seem to be up quite a bit... ;-)
This is Not a Bull Market: Stocks Are Not Up, and They’re Headed Even Lower [View article]
Here is another simple measure. I bought $10,000 worth of shares in a growth stock fund in early March. When I now look at my statement it claims that those shares are now worth $13,563. It looks like those stocks are UP to me. Even if I adjust for inflation (#3) or annualize (#1), they still seem to be up quite a bit... ;-)
GNE