The stock market is capable of ignoring a lot of things. Since the economy began to re-open it has made a huge move higher. This is despite the fact the STRUCTURAL damage done by the economic shutdown has pushed the weak businesses and consumers over the ledge. This was bound
Being a data driven, scientifically-minded investment manager, we've always been uncomfortable making decisions that did not have a solid basis. Our study of behavioral finance and market history, as well as nearly three decades of experience managing money tells us our brains often can play tricks on us. This realization
I am a big history nerd who enjoys thinking of how things were back in time and how people may have lived through certain events and why. The thing about history is it’s impossible to accurately view the proper response to these things because we know what the outcome
Our brains are programmed to only factor in events we've either experienced or have studied. There's nothing wrong with that, but it's something we all need to understand as we deal with something NOBODY has experienced. Despite the best efforts of stock market "experts," we also have never seen anything
In the fall of 2019, the banking system froze due to the amount of new debt being auctioned by the Treasury Department to finance the budget deficit. The Federal Reserve had to step in and provide "temporary" emergency funding to save the banking system. At the time, the total issuance
