A Picture or Two and 1,000 Words (Give or Take)
In this Buckingham Report we will update and consolidate a theme we have touched upon in recent reports: despite all the bombardment of current negative news and increased levels of uncertainty, patient investors can take heart that equities historically have been a soundly profitable place to be.
John Buckingham
Giant Reasons for Long-Term Optimism
Although those who make their living forecasting such things now think there is a 49% chance the U.S. economy will fall into a recession, according to the most recent Wall Street Journal survey, the equity markets are certainly behaving as if the big 'R' word is already here.
Long -Term Perspective
With 2008 off to a rocky start, to say the least, and the second half of 2007 not exactly favorable for value-oriented investment strategies, we understand that it is becoming difficult for many folks to keep the faith that equities are the place to be, especially with the headlines dominated by talk of a U.S. recession and all sorts of other doom and gloom scenarios.