Back in 1997, while I was still in college I read a study from the Federal Reserve Bank of New York titled, “The Yield Curve as a Predictor of US Recessions.” This was in the early days of the development of my economic model, so I studied
During the 2008-09 Financial Crisis, too many investors learned bonds are not as safe as you might think. Unfortunately, I am seeing a large number of people believing a financial crisis will not happen again in their lifetimes. Some believe everyone learned their lesson from the last crisis, while others
The S&P 500 on Tuesday briefly eclipsed its all-time high. This led to all-day coverage on CNBC and Bloomberg of this “great feat”, followed by the financial media picking up on this story. I wouldn’t have earned the nickname “Mr. Sunshine” if
Many clients received their June TCA statement last month and were surprised to see their accounts lower than the start of the year. After a year where most accounts were up double digits, this sudden reversal was something many were not ready for. While evaluating any investments over a 6
Buy after the market goes up. Sell after the market goes down. While that is not the ideal strategy, this is exactly what individual investors have done for as long as the data has been tracked. 2018 has been no different. As the stock market rallied over 7% in January,
