By far the most common question during our recent round of seminars was, “what impact will the election have on stocks?” We addressed this in our ‘What Really Matters’ Podcast this week (click here to listen). Goldman Sachs also provide some data on the historic impact
Things are getting interesting out there. The market SHOULD be rising strongly.
The 4th Quarter is by far the strongest of the year historically.
Wall Street’s favorite candidate appears to be running away with the presidency.
Earnings are expected to increase for the first time in 5 quarters.
The
Americans are dramatically behind where they should be when it comes to saving for retirement.
The most critical group is obviously the Babyboom generation. With 1/3 of Boomers having no retirement savings and less than 1/4 having balances over $300K. According to a Time Magazine survey, 35% of
“Recency” bias, or the more formal term “availability” bias is something we have observed at SEM for years with our client and advisor base. The human brain by design more easily recalls the more recent events and then sets future expectations around these memories. The longer
Whether it is an objective measurement of a bubble using past valuation levels or our own subjective observation of investor behavior, it is clear we are in some sort of a bubble.
How can you (or your clients) avoid participating in the next market crash?
