Happy Thanksgiving week! I’m sure we have a lot going on and maybe don’t want to think about what’s going on with the market, so let’s keep this short. With a crazy market year starting to wind down, we have a new week of data to
Tag: SEM Model Update
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
In Ernest Hemmingway's The Sun Also Rises, the main character was asked, "How did you go bankrupt?" He responded two ways, "Gradually, then suddenly." When asked, "what brought it on?" he said, "Friends. I had a lot of friends. False friends. Then I had creditors, too. Probably had more creditors
While the weather in most of the country doesn't feel like it, fall is just around the corner. Other than the northeastern part of the country, most of the country has been back in school for at least two weeks, yet Labor Day still seems to mark the "end of