Stock market is driven by psychology, not news

Just a short thought, that came to my mind recently. The stock market is very volatile due to the crisis and all the emotions connected with recent problems. The stock market goes up and down (mainly down) and the moves are quite sharp. But still, every day when Dow Jones goes in a specific direction, expert [...]

Peter Schiff predicting the crisis in 2006

The first question that many people ask is - could this crisis be predicted? The answer is yes and no. No - you couldn’t predict the exact moment of the beginning of the crisis. Nobody could rationally expect the crash in the particular day or even month. But yes - you could have expected the crisis [...]