The Brexit Aftermath
Well, the so-called "experts" got it wrong again.
Well, the so-called "experts" got it wrong again.
I am continually amazed by the number of purported experts on TV and in print that are predicting a coming market crash.
So, a positive January is typically a positive sign for the market, but a negative January is far less conclusive.
When asked to describe Monday's market action with one word, that is the only word that you need. The Merriam-Webster dictionary defines volatile three ways.
The markets are complex entities that react to many variables - and usually react to things that we are not even aware of yet.
I want to provide you with a bit of perspective on the "tough feeling" of the stock market this year.
While there is research that supports the January Barometer, it is not infallible.
On the investment front, I wanted to alert you to change in the rankings of the asset classes that I evaluate on a daily basis.
What does this mean to the U.S. economy and to us? Well, at the risk of sounding non-committal, it depends....
Is it just me, or have the "experts" been expecting interest rates to rise for more than a year now?