There is effectively zero correlation over long periods of time between a country's GDP growth and stock market returns, according to Vanguard chief economist Joe Davis.
Inflows to fixed-income products continued in November on account of market-volatility worries, while equity outflows this year could surpass 2008 levels.
The 2% dividend yield on the S&P 500 shows that stocks are relatively richly valued, says Morningstar’s Josh Peters, but you can still make the market work for you.
Permabear portfolio manager John Hussman argues that, in the short-term, at least, the stock market is doomed based on valuation fundamentals, correctly understood.