What We’re Reading
An occasional sampling of what’s catching the eye of investment professionals at Landaas & Company
In Barrons, a Wall Street chief investment officer ticks off 15 reasons to be optimistic about the U.S. economy, regardless of looming setbacks from the fiscal cliff, which he sees as merely a “molehill.”
Suggested by Brian Kilb, executive vice president, chief operating officer
A printout of a financial blog from April 2009 features investment columnist Anthony Mirhaydari questioning the rising trend of stock prices then from their lows about a month earlier. Mirhaydari’s piece, titled “Stock sell-off on the way?” lays out technical reasons why “a retest of the March lows looks more and more likely.” In hindsight, of course, we know that prices had indeed bottomed in March 2009 and did not retreat. In foresight, we should remember to stay invested for the long haul and take prognostications with a grain of salt.
Suggested by: Ron Hansen, vice president
initially posted Dec. 20, 2012