Too Much Money is Chasing the Flavor of the Day
- We see moves in the stock market on pretty much a daily basis…that tells us that too much money is merely chasing whatever stock has the most momentum that particular day. That’s a sign of froth…and it’s not healthy. This does not mean that the stock market will rollover in a big way soon, but it IS a reason for investors to avoid being complacent…and for them to be very wary if we get any surprisingly negative news.
- There are some people who make a big difference in the world. Dr. Ruth Gottesman is certainly one of them.
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