Saturday, February 24, 2018

Financial Armageddon...Not

"It really does now look like President Donald J. Trump. And markets are plunging. When might we expect them to recover? A first-pass answer is never."~ Paul Krugman, November 9, 2016

Here is the full editorial in the New York Times.

As I recall, the markets recovered by the open on November 9, 2016.  Since then, the stock market has reached record highs, advancing by 20+% in 2017.  

Glad I didn't listen and react.

When might we expect Mr. Krugman to publicly admit his error?  A first-pass answer is never :-)   

For more on Reflections and Musings, check back Saturday for a new segment.

This is not financial or investing advice. Please consult a professional advisor.

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