On Thursday's Market Foolery, host Chris Hill and Motley Fool One analyst Morgan Housel discuss the market, the Fed, and pundits. 

With Federal Reserve chairman Janet Yellen announcing yesterday that the Fed will be tapering another $10 billion, Chris wants to know if Morgan finds the announcement surprising. Morgan explains that yesterday was no surprise because, he believes, the Fed does a good job of explaining its motions in advance.

Morgan continues to dive into how he doesn't pay attention to articles suggesting the Fed props up the markets, as he doesn't see much evidence holding up the arguments. Chris notes that pundits who make bearish predictions have had a hard couple of years. To that end, Morgan notes that bearish pundits usually offer such comments without contextualizing the argument in the current economic conditions, and yet they don't suffer any repercussions.


Additionally, Morgan believes that people listen to the bobbing heads for validation and not much more. Both Chris and Morgan believe that it's the ticket to getting on television. 

Make sure that your portfolio is well diversified
The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here now.

The article The Market Soars While the Bears Drone On originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Introduction to Economic Indicators

Measure the performance of the economy.

View Course »

What Is Your Risk Tolerance?

Answer the question "What type of investor am I?".

View Course »

Add a Comment

*0 / 3000 Character Maximum