The Market Soars While the Bears Drone On

On Thursday's Market Foolery, host Chris Hill and Motley Fool One analyst Morgan Housel discuss the market, the Fed, and pundits. 

With Federal Reserve chairman Janet Yellen announcing yesterday that the Fed will be tapering another $10 billion, Chris wants to know if Morgan finds the announcement surprising. Morgan explains that yesterday was no surprise because, he believes, the Fed does a good job of explaining its motions in advance.

Morgan continues to dive into how he doesn't pay attention to articles suggesting the Fed props up the markets, as he doesn't see much evidence holding up the arguments. Chris notes that pundits who make bearish predictions have had a hard couple of years. To that end, Morgan notes that bearish pundits usually offer such comments without contextualizing the argument in the current economic conditions, and yet they don't suffer any repercussions.

Additionally, Morgan believes that people listen to the bobbing heads for validation and not much more. Both Chris and Morgan believe that it's the ticket to getting on television. 

Make sure that your portfolio is well diversified
The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here now.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 3001413, ~/Articles/ArticleHandler.aspx, 10/24/2014 6:27:38 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement