“…there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don’t know we don’t know…it is the latter category that tend to be the difficult ones.” –United States Secretary of Defense Donald Rumsfeld
Why do some investing styles appear to come in and out of favor? It’s not as simple as investors might think.
Dr. Brian Jacobsen discusses stocks, bonds, and what’s ahead for the Fed.
It typically is a terrible thing when stocks go down. Whether it is a quick and nasty bull market correction or a protracted and grinding bear market, it has the potential to destroy wealth and damages egos.
Go, and beat your crazy head against the sky
Try, and see beyond the houses and your eyes
It’s okay to shoot the moon.
–Darling Be Home Soon, The Lovin’ Spoonful
Last week, U.S. stocks rose on reports that the new administration might lower corporate tax rates.
The U.S. stock market has been rising for almost eight years now and, at roughly 16 to 17 times forward consensus-earnings expectations, it seems fairly valued to me.
“… simplify, simplify.” —Henry David Thoreau
John Manley, chief equity strategist with Wells Fargo Asset Management, points to the bright spots.