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: Structured Settlements 4Real"Do Investors Even Recognize How Devoid The Current Financial Discourse Is of Real Analysis"
By John Darer
The title is ominous message for tort victims and their attorneys who rely on money managers. The quote is self explanatory. What is with investors?
"Many investment professionals have developed a habit of forming expectations based on nothing more than extrapolation of short-term trends in the data, even when those extrapolations are inconsistent with market history or well-established economic relationships. This was a key element in creating the housing bubble - no price was too high and no bubble was recognized, because all that mattered was that prices were rising. The focus of analysts on the short-term ups and downs of economic and earnings reports has become such a mainstay of financial news that it's not at all clear to me that investors even recognize how devoid the current financial discourse is of real analysis.?
-- John Hussman PhD Hussman Investment Trust, weekly market comment, The Rubber Hits the Road
Structured settlements give you the dignity of a steady paycheck, tax leverage for those who need it, and a means to avoid the analysts' "Garb-AH-ge" so you can focus on getting on with your life.
Full post as published by Structured Settlements 4Real on March 10, 2010 (boomark / email).
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