Should You “Just Get Out?” That was the most provocative question posed to Liz Ann Sonders, Chief Investment Strategist for Charles Schwab, at a conference call with investors earlier this week (I saw a taped version the next day). Her answer? “No,” because there are no accepted, reliable metrics for deciding: a) when to get out;...Read More
More Half-Full Glasses The deeper the slump, the zippier the recovery. —The Wall Street Journal (9/19-20, 2009) Just six months ago, the mantra of the hour was, “the bigger the party, the nastier the hangover.” That was succeeded by the “green shoots” metaphor. Now, I am seeing variations on “the steeper the fall, the more...Read More
