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Disconnect between stock market and economy, OECD warnsPhoto: Richard Drew /Associated Press Trader Michael Conlon (center) works on the floor of the New York...PARIS — There appears to be a disconnect between the recent surge in stock markets and the global economy's underlying strength, the Organization for Economic Cooperation and Development warned Tuesday.
The stock market keeps going up and up and up — and investors are feeling pretty good about it. Investors have not been this bullish about the stock market in 30 years, according to a recent survey of market professionals done by Investors Intelligence, an investment research firm. But financial pros have two words of advice for people looking to jump into the market as it flirts with new records: Move slowly. Money that will be needed in five years or less — such as emergency savings or the down payment for a home — should probably be kept out of the stock market, he said. "The biggest mistake I see investors make is they have an all-or-none mind-set," said JJ Kinahan, chief market strategist for TD Ameritrade.
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Disconnect between stock market and economy, OECD warns
Disconnect between stock market and economy, OECD warnsPhoto: Richard Drew /Associated Press Trader Michael Conlon (center) works on the floor of the New York...PARIS — There appears to be a disconnect between the recent surge in stock markets and the global economy's underlying strength, the Organization for Economic Cooperation and Development warned Tuesday.
Afraid of missing out on the stock market rally? Ease in slowly
The stock market keeps going up and up and up — and investors are feeling pretty good about it. Investors have not been this bullish about the stock market in 30 years, according to a recent survey of market professionals done by Investors Intelligence, an investment research firm. But financial pros have two words of advice for people looking to jump into the market as it flirts with new records: Move slowly. Money that will be needed in five years or less — such as emergency savings or the down payment for a home — should probably be kept out of the stock market, he said. "The biggest mistake I see investors make is they have an all-or-none mind-set," said JJ Kinahan, chief market strategist for TD Ameritrade.
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