I wish to inform you about an exciting new profession, currently accepting applicants. Accurate recession prognostication and divination is an up and coming new business that is… Read more “The Exciting New Field of Recession Prognostication”
*At the time that I wrote this markets had just finished several positive sessions, however by the time it was ready markets had once again changed directions!… Read more “Beware the Rally”
An essential part of the business of investing involves figuring out how well you are doing. In some respects, the best benchmark for how well you are… Read more “The Deceptive Nature of Indices”
The market is rallying and sentiment has seemingly turned positive, but why? A quick look at the global economies tells us there is still much to be concerned about.
The Big Short is an excellent movie about the 2008 crash, but it tells investors little about how to deal with turbulent and dangerous markets. In fact it may perpetuate bad investing advice.
The first day of the new year saw red in every major market. How should investors respond? Is it time to buy, time to run, or is there a sensible third way to approach the deep discounts we see today?
All year people have been expecting a correction in the US Markets. For most of the year I have listened to portfolio managers discuss their “concern” about… Read more “America Is In Great Shape; Be Afraid!”