To stay current with all that’s happening in the financial world and beyond, I do quite a bit of reading. Here are a few items I came across this past week I thought were worth sharing.[Read more…] about 3 interesting things I saw this week
Whenever we get into a market correction that includes a couple days of significant market declines like last Wednesday and Thursday (Oct. 10 & 11, 2018), it can be worrying. This is especially true when recent stock darlings like Apple, Amazon and Netflix lead the way down and even “safe” assets like U.S. Treasuries lose value as well. Human nature dictates that we need to know why something is happening so we flip over to Fox Business and CNBC. As usual, they are never at a loss to give us a number of reasons to be worried. This time the theories include potentially rising inflation, the Fed raising rates too fast and so choking off growth, trade disputes with China getting worse, and markets overvalued.
Regardless of the reasons, does the recent turbulence mean the bull market is coming to an end? [Read more…] about Latest Market Drop – Time for Concern?
We love predictions. We know they’re usually wrong, but we want them all the same. The media knows this and provides us with an almost unlimited supply, especially when it comes to the holy trinity of weather, sports, and the stock market. We will impatiently wait through the commercials for the 7 day forecast or to see ESPN trot out the next expert telling us which NFL teams are going to be in the Superbowl. And for the last few weeks, the financial media has given us all manner of experts making predictions about what the markets and economy are going to do in 2016. Of course, with last week’s market activity, some of them may be making revisions to their forecasts. [Read more…] about The Forecasting Game