Trading volume is light during Christmas week. Now’s a good time for reflection…and to heed a few warnings from history. Investment history is rife with infamous examples of stocks that quickly blew up and crashed in flames to the ground. Investors in these Wall Street debacles lost their shirts…before they could cry out (like that radio reporter at Lakehurst): “Oh, the humanity!”
Brace yourself for turbulence ahead. The stock and bond markets are poised for a generally solid performance in 2024. But risks remain, especially in the form of geopolitical uncertainty.
Read three timeless financial case studies of hubris and ruin here
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