(WSJ) David Reilly–The lunacy of pension funds continuing to believe in 8% Annual returns
Stocks are getting pummeled as the prospect of a global slowdown increases. The S&P 500 is now down more than 10% year-to-date. Meanwhile, already superlow bond yields are getting even lower, thanks to the Federal Reserve’s latest extraordinary easing action. … Continue reading (WSJ) David Reilly–The lunacy of pension funds continuing to believe in 8% Annual returns
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