equity risk premium

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Reformed Broker: Five Reasons We Hate the Stock Market (And One Reason Why It’s No Sign of a Bottom)

The New York Stock Exchange (AP Photo/Gino Domenico)

Well-known blogger Joshua Brown, a.k.a The Reformed Broker, recently offered five reasons why Americans are fleeing the stock market. While he makes some sound points, he neglected to account for one key factor affecting stock market performance in the last few decades: the bubble in demand for equities created by Baby Boomers. Read more

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