September 30, 2020
As many long-time investors know, the stock market doesn’t react well to uncertainty. What the market does reward is constancy: interest rates that don’t fluctuate to any great degree; an economy growing on a gradual incline; and a lack of drama. When it comes to 2020, put a check next to constancy in interest rates, as there’s no sign they’ll go higher, potentially for the next few years. And then put your pens down; the quiz is over.
August 15, 2020
If you spent the past five months in lunar orbit and recently opened your brokerage statement, your reaction was probably akin to ho-hum. For the rest of us mere mortals, it’s been an incredible whipsaw. Lacking sports and social lives, watching the stock market became its own entertainment.