When the Fed convened last month and previewed its rate policy for the remainder of 2024, no one anxiously called to inquire about changing their investment allocation. The same can be said when Apple and Nvidia reported quarterly earnings earlier [...]
John Kenneth Galbraith, the prominent economist and economic advisor to several presidents, once said that “the only function of economic forecasting is to make astrology look respectable.” His sentiment underscores the high unpredictability of economic outcomes and the tendency of [...]
It is completely reasonable to feel a sense of whiplash in the investment markets these days. One day, the stock market rallies a few percent on almost nothing relevant and the next day it gives back the gains for little [...]
Rock-paper-scissors ranks somewhere near the top of a list of universally known childhood games. The game separates itself from games of pure chance like coin flipping or the card game war in that participants can gain an advantage by recognizing [...]
When trading closed last Friday (6/30/2022), the S&P 500 Index concluded its worst first half decline in 60 years. During the first six months of 2022, high inflation spurred the Federal Reserve to raise interest rates sharply which raised the [...]