Anybody Buying Yet? Where’s the Bottom?

Don't worry, the house just passed the Stop Insider Trading Act last week. Surely the R's didn't piggyback provisions from the SAVE America Act to the bill to poison pill it and guarantee it never passes through the Senate.

Oh wait... :rolleyes:
Grift and legislative legerdemain is undefeated bipartisanship...
 
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Wow. Just got an indication of the potential for growth in the USA.

Daughter has a new 401k manager. Looking through options, the default is a popular Fidelity age based fund. Pretty standard.

But in checking the make up of the fund she would be assigned with 30+ years until retirement...it has over 40 percent in foreign equities now!

For decades I never saw a ratio that high...generally been somewhere between 10 and 20 percent. More than double that now!
 
That doesn’t surprise me.

70/30 has been the long-term “industry standard” recommendation for a while. I assume the extra 10% is perhaps respecting the 15-year outperformance of the US market vs international.
 

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