The essence of Buddhist philosophy as I understand it is that everything is temporary. Night follows day. Good times follow bad times. And the cycle continues. We see that when it comes to the economy and economic data. A recent Bureau of Economic Analysis report (June 11, 2021) noted first-quarter Growth Domestic Product (GDP) up at an annual rate of +6.4%. This was on top of strongest readings ... Read More
AAII Investor Sentiment Survey
January 2, 2017: Market Week Recap
The Markets (as of market close December 30, 2016) Save the champagne for New Year's celebrations and not stock market milestones. When the markets opened on January 2, 2017, we were still shy of Dow 20000 and have started a slide backwards from this Big Round Number. This is not the first time that prices have stopped rising as they approach what are more often than not considered large ... Read More