Due Diligence He Called It Posted on August 26, 2016 By Matt He called 5 market crashes and now has three more dates for you to worry about. Technical analyst Sandy Jadeja is predicting financial devastation on three dates. Well, now that I read the article, he doesn’t really say that at all, only that there will be sharp market movements in… Read more
Investing Fed Minutes Posted on August 18, 2016 By Matt On Wednesday, the Federal Reserve released the minutes from its latest meeting. The minutes of these meetings are basically a form letter now with the Fed relaying its thoughts on the economy and rates via tweaks in the vocabulary used. Changing “modestly strong” to “strong” can move markets. There is… Read more
Due Diligence The Tyranny of the Calendar Posted on August 8, 2016 By Matt We are all beholden to the tyranny of the calendar. Monthly or quarterly account statements tie a nice bow on a period of time, but can lend false significance to a time period’s returns. If you’ve got a brokerage account or 401(k), you probably got a statement ending on 6/30/2016. As… Read more
News Stripped Posted on August 5, 2016 By Matt It’s been five years since the United States was stripped of its AAA credit rating by Standard and Poors. Reports of the downgrade were filled with an array of worst case scenarios. There was worry that this would push up borrowing costs. The 10-year was at 2.33% in 2011. It… Read more
News Fire hose Posted on August 2, 2016 By Matt My last post was about uncertainty and volatility and how even in a low vol environment like today, marketers will magnify feelings of uncertainty to sell the product of the month. Regardless of the statistical fact that volatility is historically low, we as humans seem to be as pessimistic as… Read more