Last week’s reports covered a wide range of the economy.
October 24, 2016
Last week’s reports covered a wide range of the economy.
October 21, 2016
The headlines this week are all about Donald Trump’s refusal to accept his potential defeat in the U.S. presidential race. He has reserved the right to contest the results of the election, doubling down on his claims that the process is rigged. Although this is the first time the issue has arisen in the presidential forum, claims of data rigging have been quite common in recent years.
October 20, 2016
It’s been a while since I wrote about inflation, the general increase in prices that makes everything cost more. Inflation has been so low recently that it hasn’t really been a priority. Indeed, there’s been more concern about inflation running too low than too high.
October 19, 2016
Amazingly enough, after the concern about another Black Monday, the 1987 drop's anniversary today hasn’t generated much media attention. It’s almost like it never happened.
October 18, 2016
One of the investment industry’s most famous magazine covers is the August 1979 Businessweek that proclaimed “The Death of Equities”—right before one of the longest and largest bull markets of all time began. It was a perfect example of the investment truism known as the magazine cover effect: when something is widely enough known to be on a magazine cover, it’s already fully priced into the market (and likely about to reverse).
October 17, 2016
Last week’s reports remained modestly positive, although consumer demand showed signs of a slowdown.
October 14, 2016
After I posted my piece on diversification last week, my colleagues Peter Essele and Anu Gaggar reminded me that they had done a study of some of the trends behind that post. Their analysis highlights a couple detailed examples of what I was talking about. This may be a more technical read, but the conclusions are compelling. Great job, guys! Over to Peter and Anu.
October 13, 2016
In the past couple of days, three different people have forwarded me an opinion piece that attempts to draw some parallels between the way the market acted in October 1987—before the infamous Black Monday—and the way it’s acting now. Some analysts are actually issuing alerts that we might get a significant pullback.
October 12, 2016
There’s no escaping coverage of the presidential election—what it means, whom to vote for, whom not to vote for. Many of us are deeply engaged in the process and passionately committed to one of the candidates.
At the same time, one of the most important personal consequences of the election will be its effect on our portfolios. Presidents come and go, but your retirement is on the horizon regardless of who’s elected.
October 11, 2016
Just as I do with the economy, I review the stock market each month for warning signs of trouble in the near future. Although valuations are now high—a noted risk factor in past bear markets—markets can stay expensive (or get much more expensive) for years and years, which doesn’t give us much to go on timing-wise.
