The stock market has been acting crazy recently, mostly in a bad way. Should investors be worried, and why?
When the S&P 500 fell apart from 2000 to 2002, in hindsight it was easy to see what had happened: due to Y2K and some easy money, investors put unrealistic growth assumptions on so-called “new economy” stocks. When everything went south in 2008, we knew it was because of problem loans and debt securities made out of the things. However, we didn’t know just how much until almost after the fact. (Read the full article as previously published in the Montgomery Advertiser Sunday Aug 23rd…)
The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.