The doomsayers

Weekly Update

August 12, 2016 Update


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The doomsayers

We ran across the graphic below this week and found it amusing. We’ve often taken to task the doomsday prophets in the investment community. They make their living trying to convince the world’s investors that another financial catastrophe is just around the corner. Given that there is always a reasonable chunk of the population who shares the view of the doomsayers, it’s a pretty lucrative gig. Of course their track record of predicting doom is extremely poor. (more…)