The market is moving. You should be too.

By Edward Harrison On Oct 8, 2009

That was the title of an e-mail I received from my bank today. Here is what the e-mail looked like:

This is what happens when markets go up. I don’t recall getting anything like this when the market was tanking. Obviously, there are a lot of people depending on you to invest in order to put food on the table.

I wonder if this is a contrarian indicator though.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Why is everyone saying consumer credit is falling? It’s not.

How did economists get it so wrong (parody version)?

6 Comments

Ari Weinberg says 15 years ago

Why block out the vendor? I got the email too.

Also, a cautionary post at Vanguard the other day about some of their funds which have run too much! But it does give them a good platform for marketing.

Contrarian, perhaps…but Schwab was marketing through the whole thing.
Mark Wadsworth says 15 years ago

Yup, that’s definitely a contrarian indicator!

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