Psychology and the Market

Psychology and the Market

Psychology and the Market “The longer that I’m in this business, I’m just kind of wondering if money is not in the Math department but it’s in the Psychology department. We’ve been taught – if we were taught anything about money...
Psychology and the Market

Happy Independence Day!

Happy Independence Day! “The support in the market is just growing confidence in the economy’s resilience. I think investors may be concluding that the economy has actually avoided a recession – which is a position that we’ve taken for quite...
Psychology and the Market

Social Security and Banks

Social Security and Banks Consequently, the forecasts of the Social Security trust fund solvency are just moot. We might as well be monitoring the health of Thor or Godzilla or the Stay Puft Marshmallow Man.” “But whether you’re a “D”, or an “R” or an...
Psychology and the Market

Recession(s): Past, Present and Future?

Recession(s): Past, Present and Future? “And after a dismal, dismal year last year; three quarters of negative losses – there’s a ray of hope. After I reviewed your portfolios, we saw returns for the fourth quarter that were positive 5 to 10%. Maybe...
Psychology and the Market

Memory Lane and Merry Christmas

Memory Lane and Merry Christmas “My first ski trip just reminds me of the stock market and the financial markets for this year. It’s just been daunting. Ups and downs throughout the year.” “So, we just have to [kind of] focus on the now and the...