The recent uptick in volatility within the equity markets, in my opinion, is due to investors quickly discounting rising inflation. As we alluded to in last week’s post (here), the risk parity guys have done their share to contribute as well.
Inflation has never… More >>
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 >>
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 >>
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 >>