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A 1970s self-help guru’s hint why investors may be duped (again)

A 1970s self-help guru’s hint why investors may be duped (again)

Contributed by Sprott Money. Click here for the original

America’s top forecasters missed the 2008 market crash, during which stock investors lost half their money. Now with stocks approaching bubble territory it looks they are again ignoring warnings signs. What gives?

The biggest red flag is the S&P 500 index, which groups 500 of America’s largest public companies and is trading near record highs. This despite a sluggish US economy driven by record government spending, borrowing and money printing.

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