Many investors are worried about the declining position of the United States in the global economy. The dollar has been on a long-term downtrend, federal budget deficits and international trade deficits keep going up, and the country has lost many of its basic industries to overseas competitors. While disconcerting, these trends offer plenty of opportunity to an investor because their […]
Month: March 2010
Don’t believe the myth of the stock market’s “lost decade”
We have been hearing the hype for over a year: the 10-year period from 2000 through 2009 was a “lost decade” for stock market investors, featuring two large bear markets and a cumulative loss on the Standard & Poor’s 500 Index of 9 percent. It is true that some investors did not have a good experience over the last 10 […]