Archives for February, 2018

  1. February 20, 2018

    Reading tea leaves and making precise forecasts are not things I would do, especially when it comes to predicting equity prices.  Last week’s post (here) made the case that panic was not an investment strategy.  I hope you read it— and reread it.  I can’t stress the… More >>

  2. February 12, 2018

    Exchange traded funds had their largest sell-off in eighty weeks, as investors ran for cover. [i] Panic is not an investment strategy.  How do I know this?  Shamefully, I tried it once.  It’s been more than three decades, but the memories and lessons I learned still… More >>

  3. February 5, 2018

    It has been more than 552 days since we had a week when the markets corrected by 5 percent or more [i].  Recently, the S&P 500 finally experienced a slight pullback, and by the end of last week had corrected 3.9 percent. [ii] No surprise here, mainstream media… More >>