I shouldn’t be surprised how quickly the consensus changes in the market. 2 weeks ago I was at a CFA dinner and all but a handful of the 350 CFA’s in attendance expected the market to close 2018 higher. Surveys of individual and institutional investors alike
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Another Hollywood script was being written for Tom Brady & the New England Patriots. Down by 5 with under 3 minutes to play. Most people expected the Patriots to drive down the field, score a touchdown and claim their 6th Super Bowl victory.
Leading up to the Super Bowl there has been an exhaustive discussion on the success of Patriot’s coach Bill Belichick (appearing in his 8th Super Bowl as head coach & 10th overall. He’s won 5 as a head coach & 2 more as an assistant). One
The stock market has rallied since the election of Donald Trump in an unprecedented fashion. It has broken records for most consecutive positive months, the first calendar year on record to not have a losing month, the longest streak without a 3% or 5% correction, the lowest daily standard deviation,
The S&P 500 is up nearly 5% the first 3 weeks of the year. Following the euphoria of 2017’s 20% rally in the US stock market, market participants are buzzing with the prospects of another 20%+ gain. Few people see any possibility for the market to
