Just thought that I would point to an article from MarketWatch.com author, Howard Gold. In it, he eloquently discusses a similar theme that I touched on in my August 24th post.
Remember “The Death of Equities,” BusinessWeek’s seminal Aug. 13, 1979 cover story? It claimed that investors, burned by years of poor returns in the 1970s, had abandoned stocks for good.
Well, last Sunday, The New York Times published what may as well have been entitled “The Death of Equities II.“