BondGuy

Hints of Risk Appetite Returning to the Stock Market?

Face it. It's over. Individual investors will not support equities for another generation. That includes index mutual funds, growth funds, value funds, and individual stocks in 401Ks. Trust has been lost, for good reason.Of course, not everything will stop. The hedgies will hedge, leveragers will lever, and prices will still go up and go down, but fundamentally, for the next 20 years, it's a zero sum game.