If the stock market was a living creature, I picture it as a diabolical schemer who enjoys seeing as many people suffer as possible. One way he or she would do that would be to act like your friend, to give you gifts, and make your life seem easy. Then,
Whether sports, business, or war, the person designing the strategy is attempting to confuse their opponents to gain an edge. Sometimes the goal is to throw complete chaos at them. If they don't know what to expect, they will always be on their heels.
For most of modern US history
Relatively speaking, last week was fairly quiet. We did have some Trade War 2.0 whiplash on Monday and early Tuesday and again on Friday, but based on the past month it was nice to focus less on the latest Truth Social post from the President and more on the
On Monday Nvidia lost $589 BILLION on market cap, a new record. Nvidia alone accounted for 2/3 of the drop in the S&P 500 index. We have discussed the lack of diversification and concentration risk in the S&P 500 occasionally the last couple of years.
I've been managing money in the markets for over 30 years. We've had several periods of time where it was necessary to follow the news all day long. Nearly all of those times were due to some sort of crisis, whether it was the Asian currency melt-downs in 1997 and
