“Individuals who cannot master their emotions are ill-suited to profit from the investment process.” ~Benjamin Graham Stay Tuned, Stay Hedged & Stay Patient! {TJM} Disclosure Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future
One of the investment breakout sessions I attended last week was very sobering indeed. In fact, it is a topic I have touched upon previous on my blog in an entry entitled Setting Expectations. According to the Research Affiliates white paper recently released, a typical balanced fund with 60% in stocks and 40% om bonds
In one of our break-out sessions last week, I heard an unbelievable stat on stock market returns and performance drivers: 90% of the stock market capitalization gains since 12/31/2014 have been in just four stocks: Facebook, Amazon, Netflix & Google. This equates to an increase of $630 Billion in those four stocks versus just $45
In the modern history of the US economy over the past seven decades, the longest period of time the country has gone without a recession was 10 years. Since the end of World War II there have been 11 recessions in the United States of America, so the average time in between recessions is 6
Another topic was the massive debt burdens across all platforms, public and private. As we have long stated, these massive central bank balance sheets will serve to mute growth rates across the globe. Jeff Gundlach touched upon some mind-numbing statistics to support his (an my) slow growth thesis. Borrowing has more than doubled since 2000,