Defaults Will Breach The Historical High Next Year – The Fed Is The "Wild Card"

Defaults Will Breach The Historical High Next Year – The Fed Is The “Wild Card” by Stephen B. Blumenthal, Capital Management Group

Investor Behavior – “You can bury your head in 10q’s and 8k’s and memorize a thousand facts about a company. You can become an expert on a given stock sector and establish relationships with all of the executives who run the show. You can build your own DCF models and outguess the other guessers on earnings estimates and forward guidance. But until you accept that market mood and behavior is as big a factor as the fundamentals, you won’t ever be completely honest with yourself. The E is only half of the PE. No...