Read Between The Lines

If you read between the lines of the articles in the Wall Street Journal explaining why the market is doing what it is doing I think you will pick up the following; last year portfolio managers had a good year and received big bonuses. They’re not sure what lies ahead, so the old maxim don’t just stand there, do something applies. Some think that the Fed’s pull block on its bond buying means trouble ahead for the market. Thus the response of some is to reduce the percentage: stocks they own a...