85% of Wall Street Banks expect the S&P 500 to end higher in 2018. The S&P 500 was up every month in 2017 (first time ever). It has been up 14 consecutive months (also the first time ever). It has not had a 3% correction in
June 02, 2021
Tag: Chart of the Week
Total 237 Posts
Each week we post a chart which is relevant to the current market environment. The posts are typically short, although sometimes we will dive a bit deeper with some additional supporting charts.
Despite a year of political unrest, the stock market is enjoying the longest streak ever without a 3% correction.
The fact the market has not had even a minor sell-off since the election of Donald Trump does not mean we are at risk of an immediate drop. In fact, our
Republicans and Donald Trump are celebrating getting one of their key campaign promises accomplished before Christmas. They have sold the “Tax Cuts & Jobs Act” to the public by claiming it will spur mass corporate spending and job creation. Unfortunately, they are using flawed economic logic, not including
The key talking point as Republicans attempt to accomplish one of their key campaign promises, tax cuts, has been the promise the corporate tax cuts will create strong economic growth, higher wages, and more jobs. The economic text books tell us if corporations are allowed to keep more of their
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