I've spent a lot of time the past few months discussing the way our brains work and how that is impacting our assessment of the current environment. Our role here is to use data to help us focus on what matters and what is just a bunch of noise. I
The way our brains are programmed we tend to believe what has happened in the recent past is likely to continue for the foreseeable future. This is called “recency” bias.
This can be especially dangerous for investors as they may forget what history tells us about
With powerful computers always in our hands, and any and all information sources available on any of the screens at our disposal, it's easy to overreact to every piece of information. Whether it is politics, the weather, the latest violence in your region, the economy, or the stock market, we
Did you miss our SEM University today? This presentation is near and dear to my heart because when I was in school, I struggled with economics classes. Our hope with this presentation is that we can help our advisors and clients understand how the economy works.
Long story short, humans
For too long, investors (speculators) have relied on the Federal Reserve to prevent any and all economic speed bumps to keep stock prices propped up. The so-called "Fed Put" just celebrated its 25th anniversary on Saturday. Not sure what I'm talking about? If you have a WSJ Subscription you can
