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
Tag: SEM Model Update
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
The S&P 500 just posted its best month since November 2020. This has led many market 'experts' to declare the "Bear Market" over, marking it up as just a temporary bump in our recovery from the pandemic. The month closed with another impressive week, which included yet another