How Rock Hill, SC can affect the price of oil in the Middle East? Have you ever really thought about how your financial decisions affect others?
Wall Street Steward Blog
How many times have you heard someone say “if I won the powerball lottery, I would do <insert here>?”
Most people aim to relax when they go on vacation. Insane people, like my family, choose to rent one big house and invite every person who even remotely resembles a family member. Some have a blast, others are stressed out, but all the while we grin and bear it as it is our one, true family vacation.
As you all know, I am an analogy person. In the investment business, we are charged with making complex topics simple, and analogies are the tool that I use to accomplish this task.
Campaign 2012: What the Elections Hold for Investors.
At the mid-point of the year, we continue to believe that:
This week marks the end of the period leading up to the deadlines for oil-related sanctions on Iran, for the countries in Europe to ratify the permanent bailout fund known as the European Stability Mechanism, and for the Supreme Court to rule on the Affordable Care Act. This week also marks a beginning. It is the start of a six-week period that has been the best for the stock market in each quarter of recent years.
For movie buffs like me, summertime is the best season of the year because normally Hollywood chooses to release the large “blockbuster” films during the warm months. One can speculate about the possible reasons for this, but it is a phenomenon that has existed since Jaws debuted in the summer of 1975.
The biggest event for investors over the next six months is likely to be the November elections in the United States.
Peter Drucker said “what gets measured, gets managed,” and this is especially applicable in the investment world. When I ask investors about their account performance, I typically get a melting pot of answers involving “good,” “bad,” “ok,” or some expletive that I cannot repeat.
Backtesting is a beautiful thing….or, it can be a horrible thing. It depends on which side of the table you are sitting on.