Last week, my friend Simon emailed me in a panic.
“I just read that stocks are going to crash,” he wrote. “Should I trade my stocks for bonds or cash?”
He linked to a November 6, 2014 article in MoneyNews,Warning: Stocks Will Collapse By 50 Percent. Even the hearts of stoic investors skip a few beats when reading such headlines. Why wouldn’t they? Nobody wants to lose money. And watchful experts have stethoscopes on the heart of the economy.
If they’re predicting a market crash, we should listen, right?
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