Sometimes, we can learn from our mistakes. During the height of the dot com bubble, investors kept plowing money into tech stocks, hoping for ever greater returns. For many years, companies obliged, beating revenue and earnings expectations. Eventually, in early 2000 when the economy began to lose steam, tech stocks tanked. Read the rest of this entry »
Tags: bubble, returns, stocks, tech rally Posted in Business, Massucci's Take | No Comments »
The Federal Reserve this week again pledged to keep interest rates close to zero, which means borrowing money remains cheap for banks. What, though, does it mean for U.S. stocks and economy? Read the rest of this entry »
Tags: economy, federal reserve, inflation, stocks Posted in Banking, Massucci's Take, Stock Market | No Comments »
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