“Adventure. Excitement. A Jedi craves not these things.”Yoda Not so long ago, in a galaxy not far, far away, equity markets shed more than 10% of their value. It was a period of great terror and despair. Investors lived in fear of a slowing global economy and the Empire unleashing their much dreaded weapon, the […]
“You can observe a lot by just watching”Yogi Berra What you observe depends on what you are watching. Those watching the Blue Jays were treated to a thrilling ride en route to their first American League Championship Series appearance in 22 years. Those watching their investment account balances and the markets in September experienced a […]
“Everyone has a plan until they’ve been hit.”Joe Louis Those that have seen Ronda Rousey fight (she won three UFC title defences in a combined total of 64 seconds) or have witnessed the ferocity in her eyes cannot fathom why anyone would be willing to step into the ring with her. We suspect many investors […]
“A good retreat is better than a bad stand.”Irish Proverb To use a very technical term, the markets in July can be best described as ‘poopy’. As the Greek saga disappeared from the radar screen, the market shifted its focus to the ever puzzling Chinese stock market. For the most part, many markets managed to […]
Who’s Afraid of the Big, Bad Fed? | November 2015
“The luck of the third adventure is proverbial.” Elizabeth Barrett Browning After seven years at zero and nine years since the last hike, ‘Lady Janet of Brooklyn’ is poised to move interest rates higher tomorrow. Recent history suggests that the various asset classes ought to tremble with fear. In 2013 when ‘Helicopter Ben’ Bernanke announced […]