By Adam Sharp The basic idea behind “Don’t fight the Fed” is that you should buy stocks when the Federal Reserve is “easing” (keeping monetary conditions loose).
And this has been fantastic advice for the last decade. We’ve been in one of the longest sustained periods of easy money in history. The stock market has gone almost straight up.
Now some people are starting to say this situation can last… forever. For example, Bob Prince, one of the top executives at Bridgewater (the biggest hedge fund in the world), was recently interviewed at the World Economic Forum in Davos, Switzerland. When discussing how the Federal …read more
