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The market is moving. You should be too.
That was the title of an e-mail I received from my bank today. Here is what the e-mail looked like:
This is what happens when markets go up. I don’t recall getting anything like this when the market was tanking. Obviously, there are a lot of people depending on you to invest in order to put food on the table.
I wonder if this is a contrarian indicator though.
About Edward Harrison
Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.
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Why block out the vendor? I got the email too.
Also, a cautionary post at Vanguard the other day about some of their funds which have run too much! But it does give them a good platform for marketing.
Contrarian, perhaps…but Schwab was marketing through the whole thing.
Yup, that’s definitely a contrarian indicator!