Joshua points out that S&P action this flat, as it's been from January through July, is actually quite rare. So what's next?
Courtesy of Joshua M Brown, The Reformed Broker
My latest piece for Fortune Magazine just went live today. In it, I look at the consequences for a stock market that’s gone nowhere halfway through the year, as is the case in 2015…
You might have looked at your last brokerage statement and wondered why you’re no longer seeing the asset balance increasing like it had been. You may have taken a glance at your 401(k) the other day and wondered why it’s barely budged since Thanksgiving, excluding the contributions you’ve been making every two weeks.
You’re not crazy. The U.S. stock market has essentially gone nowhere in over 120 days.