Into The Year Without Any Fear

In the beginning of my 35-year career in finance and investments (first as a broker and then as an analyst), one of our senior analysts at the bank where I worked said: “If you want to find out if the markets are near the top or the bottom, check how people feel about the markets.” As a rookie broker in my late 20s, I thought that this “gem” of wisdom was closer to office gossip rather than real information that I could use for my clients. How wrong I was....