Markets

The ‘Efficient-Markets Hypothesis’ Is Incredibly Useful Despite What Critics Say

[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:De_geldwisselaar_en_zijn_vrouw.jpg”] The “Efficient Markets Hypothesis” is a popular target of anger and derision among lay critics of the econ profession.How can financial markets be “efficient” when they just crashed and took our economy down with them? And when sensible people like Bob Shiller, Nouriel Roubini, Bill McBride, et […]
The ‘Efficient-Markets Hypothesis’ Is Incredibly Useful Despite What Critics Say
Markets

BURTON MALKIEL: Investors Moving From Stocks To Bonds Are Making A Huge Mistake

[credit provider=”CNBC” url=”http://video.cnbc.com/gallery/?video=3000083973″] Finance legend Burton Malkiel, author of A Random Walk Down Wall Street, has a new op-ed in the Wall Street Journal.”I believe that investors who pull their money out of the stock market today to invest in bonds are making a huge mistake,” he writes.
BURTON MALKIEL: Investors Moving From Stocks To Bonds Are Making A Huge Mistake