A lot has been made about the losses in bonds over the past 3 years. Researchers from Bank of America obtained bond market data all the way back to 1787 and found there has never been a 3 year period with this large of a drop in Treasury Bonds. As
I've spent a lot of time the past few months discussing the way our brains work and how that is impacting our assessment of the current environment. Our role here is to use data to help us focus on what matters and what is just a bunch of noise. I
With powerful computers always in our hands, and any and all information sources available on any of the screens at our disposal, it's easy to overreact to every piece of information. Whether it is politics, the weather, the latest violence in your region, the economy, or the stock market, we
For too long, investors (speculators) have relied on the Federal Reserve to prevent any and all economic speed bumps to keep stock prices propped up. The so-called "Fed Put" just celebrated its 25th anniversary on Saturday. Not sure what I'm talking about? If you have a WSJ Subscription you can
As US-based investors, we spend the vast majority of our time focusing on things happening in our country. While we have a little less influence in the world than we did 20 or 30 years ago, the US still dominates the global economy so this makes sense. However, US-based companies,
