Say you had a financial adviser you were willing to entrust with your monetary decisions... And say that financial adviser told you 6 months to a year ago that heading into 2009 the stock market would be hovering around 16,000 and going up. Looking back in hindsight 6 months later and after analyzing the wild inaccuracy of your adviser's prediction, would you still trust any advice coming from that 'expert'?
What if that same financial adviser went further and told you 6 months to a year ago to put your hard-earned money into Merill Lynch, Bear Stearns, or Washington Mutual... 6 months later after your 'expert's' advice turned out to be 100% inaccurate again, would you still refer to that person for future financial decisions?...
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Source URL: http://popularentertainment.blogspot.com/2008/11/fundamentals-were-not-sound.html
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What if that same financial adviser went further and told you 6 months to a year ago to put your hard-earned money into Merill Lynch, Bear Stearns, or Washington Mutual... 6 months later after your 'expert's' advice turned out to be 100% inaccurate again, would you still refer to that person for future financial decisions?...
There's a difference between an 'Economist' and a 'Pundit'... and personally I think this video should be used as a disclaimer for the entire Fox 'Business' team
...Source URL: http://popularentertainment.blogspot.com/2008/11/fundamentals-were-not-sound.html
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