Since the beginning of February stock & bond market participants have been spooked by the prospects of inflation and the impact it could have on investment returns. Last week’s “Chart of the Week” examined the longer-term trend in inflation measurements. The conclusion was yes it is
A couple weeks ago when the market “crashed”, falling 10%+ in less than 8 days I introduced an analogy to describe what happened:
Too many people were speeding
The analogy I often use is this. If you’re on a road trip, you may decide
The market is racing back to the highs following the early February 10% correction. I’ve seen a wide range of emotions from investors and advisors the past three weeks. Their current perspective of the market seems to be based on how far their “look-back” period goes.
Listening & reading to the “experts” over the weekend further cements my belief SEM’s Behavioral Approach to Investing using Scientifically Engineered Models is the best way to manage money. The wide-range of opinions following some scary drops in the market along with some tremendous rallies feeds
I shouldn’t be surprised how quickly the consensus changes in the market. 2 weeks ago I was at a CFA dinner and all but a handful of the 350 CFA’s in attendance expected the market to close 2018 higher. Surveys of individual and institutional investors alike
