This post is part of a series with the same theme: letters addressed to my younger self. These letters, written by an “older me,” would have helped me navigate some of the rough waters I faced during various phases of my life. They would’ve also helped me when I was faced with difficult decisions. Through…
Continuing to watch this: with the S&P at 1,592 and gold at $1,292 (a 1.23x ratio), we’re much closer to the “even if” scenario discussed here. It’s Different This Time: What Gold Can Tell Us About the Stock Market.
Some of you know that, even after the 30-stock Dow Jones Industrial Average (DJIA) hit never-seen levels some weeks ago, I was eager to see another indicator do the same thing: the more broad-based Standard & Poor’s 500 Index (S&P 500) consisting of 500 of the United States’ largest, publicly-traded companies. This past week, the…
Against the Herd 