Salient to Investors:
- Regular investors, especially those saving for retirement, have an advantage over the professionals because they can afford to be patient and buy extra when stocks drop – “Be fearful when others are greedy, and greedy when others are fearful” – Warren Buffett.
- David Santschi at TrimTabs Investment Research said that did not seem to care much when stocks started to drop this month.
- Stock declines do not always predict a recession but a strong stock market is a sign the economic recovery may still be on track.
Read the full article at http://www.bloomberg.com/news/2014-10-22/why-the-stock-market-rally-is-bad-news.html
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