mishtalk.com / Mike “Mish” Shedlock / March 4, 2017 12:36:14
Is the system rigged? If so, is this the end of volatility?
Axel Merk explores those questions in this guest post.
Fake Risk, Fake Return?
With seemingly everyone from the blogosphere to the Tweeter-in-chief chiming in on fake news, have investors considered their risk/return profile may also be “fake”? When it comes to investing, who or what can we trust, is the market rigged, and why does it matter?
For eight years in a row now, an investment in the S&P 500 has yielded positive returns [2015 assumes dividends reinvested]. In recent years, expressions like “investors buy the dips” and “low volatility” have become associated with this rally.