‘Surely’ You Care That Your Returns Will Be ‘Paltry’, Right?!

Ok, well global stocks hit another all-time high overnight. Imagine that, right? That seems to support the message being conveyed by the latest reading on Yale's one-year investor confidence index which, as I noted on Sunday, shows that quite literally everyone from the pros to the E*Traders expects the Dow to be higher in a year ... Of course if you look below the surface, not everything is as rosy as it seems. As SocGen's Andrew Lapthorne writes, in a note out Monday morning, "the Nasd