Opinions or things of interest to a veteran futures trader.
Sunday, September 2, 2007
A chart you won't see on bubblevision
Jack Stevison posts this chart on his blog along with pertinent commentary. You will not see this chart on CNBC because it doesn't fit the cheerleader stock promoter mentality they embrace. What this chart demonstrates is that a money market fund would have outperformed the SP500 over the last 7 years. All mesured in dollars of course. A money fund denominated in eurocurrency or British Pounds would have crushed the SP500 or other U.S. based index funds.