Humans can’t help but be very short-term focused. We all have incredibly busy lives, and it can be difficult to focus on the medium or long-term future when we have to worry about today and tomorrow. The concern is even if we don’t focus on the long-term, it
Imagine a world where headline inflation is reported at 5% and the stock market rallies. That's exactly what happened last week. I received several questions from advisors and clients asking how that can happen.
The simple answer is "the market already expected this." We are comparing prices and economic activity
Based on the sensationalized headlines last week, one would think the market was at risk to give back all of its gains. This came on the heels of a much worse than expected inflation number on Wednesday. While "base effects" which is economists speak for what things looked like a
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
Stocks are back to all-time highs despite a brief "inflation" scare a couple of weeks back that knocked 10% off the NASDAQ and significantly more than that off the more popular momentum stocks. Most Americans will be once again receiving some nice payments from the Federal Government and the expectation