Quote of the Day
"Anyone can sight and recite the risks most recently endured. Those lessons should not be ignored; but don’t worry, they won’t be. The emotional scars are such that we will remember the specific risks that caused our most recent trauma for a long time (and they will be overemphasized in our analyses for years)."(Tom Brakke)
Chart of the Day
Estimated returns for the S&P 500 for the next decade.