Description:  AT the turn of the last century, it was widely accepted that American stocks were virtually certain to be good long-term investments. Now, far fewer people are confident of that.

Source: NYTimes.com

Date: 01/06/2012

Link:  http://www.nytimes.com/2012/01/07/business/economy/a-historical-cycle-bodes-ill-for-the-markets.html?ref=business

Questions for discussion:

• Summarize the model presented in this report.
• Do you agree with the analysis presented in this report?
• What would you advise investors do today?