Fear and greed are both strong emotions which cause us to often make irrational decisions. During bull markets FOMO "fear of missing out" leads to seemingly unstoppable rallies despite little fundamental logic for the rally. Sure, we convince ourselves there is a good reason for a specific stock or the
Why do we even bother listening to the Federal Reserve? Even if we ignore all of their failings in the late 1990s and again before, during, and after the financial crisis, let's look at how terrible the Fed has been at predicting the post-COVID economy.
Throughout 2021, the Fed told
Is the recession over? Is the economy back on a growth track? Is the resilient consumer going to be able to keep the economy growing? Is inflation heading down? Is the Fed nearly done raising rates? Is the coast clear for stocks?
Based on the market action last week, the
We've been programmed to believe the Fed is all-knowing and has the ability to control the financial markets. This idea has brought a perception of "stability" and added to investors' appetite for risk. If you believe the Fed will be there to save the day, you will take on more
In June we issued 3 bear market tips – stay calm, ignore the media, and be patient. In September we followed that with some reminders on navigating the bear market including the primary things to remember – inflation is the problem, the Fed has barely begun their fight against inflation, both of
