Each morning this week I’ve scanned the news looking for the “story” to develop in my mind to relay to our advisors and clients. Each morning I’ve come away with nothing. This morning as I again could come up with nothing it finally hit
Once again I’m seeing a flood of headlines discussing the “disappointing” or “weak” GDP report released this morning. Pundits are using it to call into question the enthusiasm we’ve seen in so many sentiment indicators since the election of President Trump. The
After stumbling for 8 weeks, market participants seem to be turning their focus on the positive news. Late last week President Trump announced intentions to release “significant” (yuuge) tax reforms this week. The market immediately shot higher, apparently forgetting the fact saying you are going to do something
It seems for 7 years now I’ve been having to defend owning bonds in a portfolio. Back in 2010 the “experts” started talking about the ending of the 30+ year bond bull market. They told us interest rates had to go up because a.) the economy
Last week I spent quite a bit of time talking about the most common behavioral biases exhibited by investors (as well as professional advisors). I flagged it as both a Presentation & Weekend Reading so it is easy to find for future reference. There are two types of behavioral biases
