The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Cold shower time for stock market optimists
U.S. executives and other corporate insiders have been selling a lot more of their companies’ shares than they’ve been buying lately. Not very confidence inspiring if you’re wondering how much upside is left in the stock market.
“This is a time to think ‘different’ … to think outside of the box … to nervously look over one’s shoulder,” says this note from a money management firm.
Overvalued, overbought, overbullish. That’s how “perma-bear” John Hussman sees the stock market right now.
The ABCs of RRSPs
A comprehensive guide to RRSP basics from Jim Yih of the Retire Happy blog. He does a great job of keeping things simple and to the point.