For old people like me who remember getting the newspaper every morning, there was a section on the inside of the front page titled "Corrections". This was the place where if necessary, the publication would fix anything that was printed previously which ended up not being true. Remember back in
Over the past 10 days, we've seen a lot of headlines which read, "stocks post best (worst) day since (2022 or 2020 or even 2008)." This has obviously created a lot more contact with SEM and our advisors regarding the state of the markets or the economy. We've enjoyed several
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Last week I said "corrections are inevitable". We see 5% corrections in the market about 3 times a year. Each on averages lasts about a month, with the recovery taking up another month. The S&P 500 lost nearly 6% last week
After taking Monday off in observance of Martin Luther King, Jr. Day, the stock and bond markets are making up for lost time in continuing last week's trend. Both stocks and bonds are projected to start the 4-day week on a deeply negative note.
Given the short week I'll keep
Based on my conversations with advisors and investors, enthusiasm for stocks had hit euphoric levels in mid-September. The most common theme was “why am I not making more money?” or “how can I get in on these record stock market gains?” When previously “conservative”
