In This Issue:
Sometimes Good News Can Be Bad News
Treasury Bonds May Be A Bubble
It’s Time To Choose Shorter Bond Maturities
Three Ways To Win If Treasuries Decline
Investing In Times Of Extremes
Staying Healthy During Impossible Times
The Bottom Line This Week
optimistic mood that lifted the stock market two weeks ago didn’t last very
long. In fact it might have been the smallest January bounce on record. After
the 2nd, prices started to move back down again.
is some solace in noting that the market is still up some 20% from where the
zigzag rally started on November 21. Despite all the turmoil, it may turn out
that the bear market reached bottom at that time. We shall know soon enough.
any event, by the time last Friday afternoon rolled around, the Dow and the
Nasdaq were down 4.8% and 3.7% respectively. During the first three days of
this week, the market continued to decline sharply as more disturbing economic
numbers were announced.