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
Tag: Musings
Our brains are fascinating mechanisms. The way we process information is far more complex than any computer can model. One of the biggest areas we focus on at SEM is understanding how we process data. A key thing everyone needs to understand is it isn't the absolute number, but rather
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
Despite some bumps last week, the stock market starts the week near record highs. FOMO + TINA is driving investors (Fear of Missing Out / There is No Alternative [to stocks]). We're seeing some of the most conservative investors saying the 9% annualized rate of return they have gotten so far through
Back in 2019 the daily blog entries turned into a weekly "Chart of the Week". There just weren't a lot of different ways to say what was happening – stocks seemed to go up every week. Any drop of 3% was bought aggressively. Valuations were at levels that indicated long-term returns