Speculation seems to be alive and well in the stock market. Young Research’s Bubble Basket index is up 32% YTD. Meanwhile, high quality stocks represented here by the Nasdaq Dividend Achievers Index, or if you prefer the NYSE composite, are up about 5%.
Did the value of the six businesses in Young’s Bubble Basket really increase by over 32% in just four months?
Hard to see how this ends well for those who still believe trees can grow to the sky. Retired investors and those soon to be retired are still best served by quality and balance.
The following two tabs change content below.
Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Currency Traders Don’t Like New Zealand’s New Government - October 20, 2017
- The Bears have Punched Themselves Out - October 19, 2017
- Is it Time to Worry about a Stock Market Crash? - October 18, 2017