The velocity of stock market movement is simply amazing. Two weeks ago, we were talking about Citigroup falling below $1 a share and it is now sitting comfortably above $3 (it was $3.35 as of writing and chances are it’s going to be much different by the time the article goes live).
Currently, the market sentiment is much improved as the Fed is pumping money like crazy to further reduce mortgage rates. Will it stop the housing market? Will it drive the stock market even higher?
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- By now, you probably realize that Oblivious Investor loves index funds. This piece talks about the psychological advantages of owning index funds.
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