The confidence some prognosticators have in their outlook and advice they give on television never ceases to amaze me. Of course, they aren't held responsible by their clients and advisors for their advice. Regulators do not force them to document and disclose the performance of their advice. And most importantly,
I often tell people the thing that causes the NEXT market correction is rarely something any of us predicted. There are usually outside forces that can impact the markets. Often it is the REACTION to the EXPECTED event that causes collateral damage. It's far too early to look into the
The "fog of war" is certainly something the world is dealing with. As I said last week, there is no sense speculating about what may or may not happen in Ukraine or what the fallout may or may not be. I have no idea how anybody can confidently predict what
Update: On Tuesday, February 22 the first trend indicator in AmeriGuard & Cornerstone triggered a sell. This moved AmeriGuard Balanced, Moderate, Growth, and Aggressive as well as Cornerstone Balanced & Growth to the mid-range of our equity exposure. For instance, AmeriGuard & Cornerstone Balanced are now 50% exposed to equities
Last week we learned inflation is running at the highest annualized rate since 1982. This led one Federal Reserve President (James Bullard of St. Louis) to say he will push to increase interest rates up 1% by July. Wall Street quickly upped their expectations for Fed Rate hikes to include
