Tuesday, January 5, 2010

What The U.S.A. "May" Face Moving Forward

The above linked article concisely summarizes the risks facing the U.S. economy and our citizens due to the decisions being made in Washington. Simply click on the title above to read John Hussman's point of view. I respect Mr. Hussman as one of the brightest investment minds in the business. As he points out, it is likely that some time in this new decade the views will be proven correct.

INVESTING LESSON:
Only by standing against the prevailing winds – selectively, but resolutely – can an investor prosper over time. Such a strategy may underperform during markets that are rising based upon the momentum of the herd vs. fundamental valuations.