85% of Wall Street Banks expect the S&P 500 to end higher in 2018. The S&P 500 was up every month in 2017 (first time ever). It has been up 14 consecutive months (also the first time ever). It has not had a 3% correction in

Point of Maximum Risk

It is human nature to take the current environment and project it into the foreseeable future. Whether it is a situation on the job, something with your kids, a sports team’s performance, or the stock market, this “recency” bias shapes the way we view
Despite a year of political unrest, the stock market is enjoying the longest streak ever without a 3% correction.

The fact the market has not had even a minor sell-off since the election of Donald Trump does not mean we are at risk of an immediate drop. In fact,

Are you more like George Bailey or Mr. Potter? Here’s a replay of a Podcast I did last year with my good friend Peter McClellan of the 401k Latte Company. We discussed the main characters in the Christmas classic Its a Wonderful Life. The movie successfully contrasts two
Republicans and Donald Trump are celebrating getting one of their key campaign promises accomplished before Christmas. They have sold the “Tax Cuts & Jobs Act” to the public by claiming it will spur mass corporate spending and job creation. Unfortunately, they are using flawed economic logic, not including


