Bloomberg just published an article challenging the traditional notion that institutional investors represent “smart money” whereas retail investors are hapless. The article is based on data collected by State Street showing the equity weighting of a large universe of institutional investors. First, note...
Attempting to forecast or time the stock market is a losers game given that many studies demonstrate the significant negative impact of missing out on even a few good days in the stock market. So, what follows is strictly for informational purposes and...
The Prosperity Institute publishes a ranking of 167 countries according to the Legatum Prosperity Index which is based on twelve equally weighted “pillars” of prosperity. Among the twelve are safety and security, personal freedom, governance, infrastructure, economic quality, health, education, and the environment....
Many economists believed the surge in interest rates in 2022 through 2024 would lead to a recession, and the current tug of war on tariffs is sparking renewed predictions of an imminent business downturn. The following chart depicts the Conference Board’s two primary...
The Wall Street Journal just ran an article about an indicator that our Investment Team has been monitoring for years that is currently flashing yellow. The following graph shows the average household’s allocation to stocks as a percent of financial assets. Note that...
