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0.00640439158279966 0.00640439158279966 0.00640439158279966 0.00640439158279966 -0.00228728270814276 0.00125800548947849 0.000695333943275394 0.00137236962488569
Stock impact report

Stocks Are Doing Something Unprecedented (Here's What To Do) [Forbes]

General American Investors, Inc. (GAM) 
Company Research Source: Forbes
These days, I'm seeing something I've frankly never seen before in the markets: a lot of people questioning so-called investment “truths” they thought were frankly unmovable. Most people's natural instinct is to withdraw in times like these, but that would be a mistake in this case, especially for closed-end fund (CEF) investors, as it may result in funds that seem to always trade at a discount suddenly seeing those “eternal” sales come to a swift end. I know that's quite a bit to unpack, so let's start with the skepticism that seems to be rolling through the markets today, starting with the S&P 500's new—and long-awaited—all-time high. Stock Market Highs The first thing to note about this chart is how flat it is at the top. This is because the S&P 500 typically stays at or near all-time highs for a long time. Crashes, however, tend to mean stocks stay below their all-time-highs for a short period of time but fall steeply, hence the old phrase “stocks take the stairs up and t Show less Read more
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