For years Wall Street gurus espoused an asset allocation model of 60% stocks, 40% bonds. The idea was that a generous allocation to equities would provide for
The clanging of the closing bell at the New York Stock Exchange on the last trading day of April, the 29th, more appropriately should have been replaced by a
Scottish journalist, author, and poet, Charles Mackay (1814-1889), is best known for his study of crowd psychology and his tome, Extraordinary Popular Delusions