Points, the s p 500 took a breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movem
Points, the s p 500 took a breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movem
Points, the s p 500 took a breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movem
Breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movements before this thing real