Stocks are down big this quarter, and just this month may end up taking home the trophy as worst December in recorded history. Ben Carlson, who writes a blog titled “A Wealth of Common Sense”, has compiled some data regarding past drops of this magnitude and subsequent future returns. As you may suspect, selling after… Read More A Bullish Case
George Bailey had grand aspirations. He planned to leave the crummy town of Bedford Falls and explore the world. When his father asked him if he’d ever consider returning someday to run the family Building and Loan, George responded: “I couldn’t face being cooped up the rest of my life in a shabby little office”.… Read More It’s a Wonderful Market
Last month was the 10 year anniversary of Warren Buffett’s historic Op-ed in the New York Times titled “Buy American. I am”. Financial markets were quite scary when this article was released. Since the wisdom of Warren Buffett is much greater than anything I can write on my own, I wanted to post his article… Read More Warren Buffett: Buy American
“Don’t just do something, sit there!” -John Bogle Most available economic data suggests things are going quite well. The unemployment rate is 3.7%, which is the lowest in 49 years. Third quarter GDP came in at 3.5%, which solidified the best back-to-back quarters in four years. US wage growth has had its largest annual gain… Read More The Economy is Good, So Why Are Stocks Falling?
The purpose of fake news is not to change the mind of the audience, but rather reinforce the beliefs which the audience already has. Today, when we hear the term “fake news” we think of politics, but fake news is also very rampant in finance. Clients have been asking me for some time now “isn’t… Read More Fake News (Finance Edition)