Wall Street churns out impressive-sounding nonsense, couched in supposedly smart “academic” speak — setting investing back decades. Heck, most of the industry (helped by mass media) clings religiously to an archaic, utterly broken benchmark — the Dow! Ken Fisher
Month: July 2016
Coming into the week the S&P 500 had YTD returns of 7.04% while the MSCI EAFE had YTD returns of -1.51%. The Vanguard Total Stock Market ETF (ticker: VT) has a YTD return of 2.01% The third estimate of US GDP growth showed expansion of an annual rate of 1.1% in 1Q, this is an…