The stock market continues to trade around record highs. We saw strong GDP growth, some impressive corporate earnings, a big spike in travel, and some large areas announcing full re-openings in the coming months. The news and data last week should have led to some stronger stock market returns. The
For those of you who have been following along, I've been using this space each Monday to list all the things I thought about over the weekend. It's something I did during the financial crisis and the 2011 "debt ceiling circus/EU debt panic". There's just too much happening to
The US economy is growing at a “great” (but not historic) rate. This has pushed the S&P 500 all the way back towards the record high it hit in January of this year. My greatest fear is if the market surpasses the highs of January
Buy low, sell high
This is probably the most easily recalled market cliche. It’s easy to say, but our own behavioral biases prevent us from actually following that advice. Market history and our own experience tells us most investors believe it is ok to buy high because
In the television industry there is a term used when a show goes completely “off the rails”. It is based on the Happy Days episode where Fonzie jumps a shark. Most critics say that was the point the show was essentially over. Now whenever a show gets sidetracked
