What History Suggests About the Future of Stocks
Great piece from Seth J. Masters, Chief Investment Officer of AllianceBernstein on the history and future of stocks. This is our favorite excerpt from his blog, "Because we are human, we all tend to expect the future to resemble the recent past—to become “anchored” in our recent experience. It takes guts to buck the trend." Well worth the few minutes it takes to read: http://blog.alliancebernstein.com/index.php/2012/07/31/what-history-suggests-about-the-future-of-stocks/