Why is speculation a game you cannot win?
Near my house there’s a mountain called Lone Peak with a trail called Jacobs ladder that goes nearly straight up. The cool thing about it is the end is always in sight. Just 6 miles ahead and about 4,000 feet up.
Upon nearing the top, you can see the exc...
At the start of 2020, markets were at all-time highs and, to borrow a phrase from the LEGO Movie’s annoying song, “everything was awesome.” At the time, there were only faint news reports of an outbreak in China causing a stir. And then, as these things tend to go, it was everywhere -all at once.
B...
Tariffs are taxes levied by governments on imported goods. They aim to raise revenue, protect domestic industries, correct a trade deficit, impose political pressure on other states or deliver a combination of these goals. - Investopedia
With the new administration, there will always be uncertain...
The market boomed again in 2024 for the second year in a row. 2022 seems like ages ago, the last bad year for the markets. I wrote then about how bad it was in aggregate because 2022 was the first year that both stocks and bonds were down double-digits (typically bonds rise when stocks fall).
In 20...