Wall Street Journal: Wealth Inequality Is Your Own Dumb Fault | WHAT REALLY HAPPENED

Wall Street Journal: Wealth Inequality Is Your Own Dumb Fault

Yesterday the Wall Street Journal gave prominence to the following headline on page one of its newspaper with the story jumping to page A2: “Bad Market Timing Fueled Wealth Gap.” Through the use of the word “fueled” in that headline, the reader is conditioned to believe that market timing is a significant cause of wealth inequality in the United States – a completely bogus idea for which there exists mountains of research to the contrary.

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