Black Friday was supposed to be a quiet, generally optimistic day. Seasonally we're in a very strong period for the stock market. Consumer spending has been strong. Earnings have been "better than expected". Thanksgiving travel was supposed to exceed 2019 levels. Christmas travel and spending was supposed to set records.
We spent the weekend in Virginia Beach at the season ending soccer tournament for our 15 year old twins. Having managed investments for 25+ years I've seen the ebbs and flows of interest in investing markets. I realize anecdotal stories cannot be relied on for any sort of market timing
I've been receiving a lot of questions lately about the current economy. I answered some of the big questions in the latest SEM University:
As a financial engineering firm, our focus is on data and how it relates to history. This makes it easier to avoid hyperbole and getting sucked into the latest overreactions in the media and financial markets. As investment managers it has been critical to our nearly 30 years of success
Last week we held a webinar on phishing and other security topics. This was essentially a refresh of the 2019 webinar we did, with two specific goals in mind:
