The Crystal Ball Myth: Why Even Top Traders Can’t Beat Efficient Markets
When researchers recently gave professional traders advanced knowledge in what they call the Crystal Ball Challenge, you’d think with that information they’d significantly outperform the markets. Think again.
The Fed Goes Big: How a Half-Point Rate Cut Impacts Your Investments
So the Fed has decided to go for broke. They’re going big, slashing interest rates by a full half percentage point. How does this affect you and your portfolio?
Avion Insights: Understanding Last Week’s Stock Market Drop
Last Friday, U.S. stocks ended their worst week in 18 months. So, how will that affect us, and is it even relevant?
Jackson Hole: The Fed Declares Victory Over Inflation
Jerome Powell has pretty much declared victory on inflation. How’s that going to affect you and your portfolio?
Smart Responses to Market Sell-Offs: Pro Insights
As Wall Street’s volatility is clearly spiking, what opportunities exist for you? For months we’ve been discussing the risks of the Magnificent Seven and how a market so tightly aligned with those Magnificent Seven is also at risk. Since Friday, we’ve seen the Magnificent Seven shed $1 trillion in market value.
Tech Stocks Worst Day since 2022
Yesterday, tech stocks dropped almost 3% and the route appears to be continuing today. Are we flirting with the beginning of a painful correction?
US Markets at the 50-Yard Line
The market is up 14% in the first half of 2024. What’s driving these returns, and are they sustainable?
With S&P 500 At New Heights, Are We Gambling?
Last week, the Standard and Poor’s 500 hit new highs. I’m in Vegas taking care of some business. Of course, Vegas is a great place to think about something that economists call the gambler’s fallacy.
Protect Your Phone and Financial Life
I am on my way for a short vacation. I’m really excited about it, and as I was getting ready for this vacation, I learned a new risk facing smartphone owners and I think everybody needs to know about it.
Elon Musk’s Bold Move and Its Ripple Effects
When I was reading the paper last night, I saw an interesting article about how Elon Musk is trying to de-annex Tesla’s factory from the city of Austin. This is something that’s been permissible since about September last year when a very controversial state bill was passed. How’s that going to affect Tesla? How’s it going to affect Austin? And how’s it going to affect Texas in the future?