Timely Economic Perspectives

Timely Economic Perspectives Recently the Wall Street Journal ran with a headline about “Quadruple Threats”1 to the economy. Not to be outdone, on the same day, Marketwatch.com posted an image highlighting five current threats to the economy. These threats are made to be, and can be, concerning. I break down the threats below to help…

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ABC’s of Successful Investing

ABC’s of Successful Investing As the kids have gone back to school, it is a good time to review the ABCs of successful investing. A – Adjust Your Expectations Expect that stock market selloffs, which are normal, will occur quite regularly – it’s just the nature of beast. But historically the losses have been temporary.…

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The Advantages of Low Expectations

The Advantages of Low Expectations We all want desirable outcomes – those outcomes that bring us happiness, peace, and prosperity. Because we desire such outcomes, we may go into situations having high expectations. But it may be more beneficial to temper our expectations if we want to experience greater contentment in life. Disappointment & Contentment…

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The Eventual Recession

The Eventual Recession Since early last year economists, market experts, and even corporate CEOs were predicting a recession for this year. Most of them said it would happen early in the year.1 A recession was the consensus view among experts, almost a foregone conclusion. With inflation surging to 9% last summer and the Fed aggressively…

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Danger: Headlines Ahead

Danger: Headlines Ahead Mark Twain said, “Never let the truth get in the way of a good story.” It might be more applicable today if he said, “Never let the truth get in the way of a good headline.” Headline Characteristics The purpose of headlines is just to get you to click or tune in.…

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Acting Like an Investor

Acting Like an Investor Many investors today unknowingly act like speculators. How do I know this? Because they are more concerned and influenced by short-term stochastic changes in stock prices than in the underlying fundamentals of a company. And when coupled with a barrage of negative news stories, it can be very difficult to act…

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When Less Can Give You More

When Less Can Give You More We are generally in the pursuit of more. More income, more recognition, more opportunities, more happiness etc.… Because “more” often results in desirable outcomes, it is natural to think in terms of what we can get or do more of, rather than what we can do less of. But…

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What Game Are You Playing?

What Game Are You Playing? How do you think you would do playing tennis and using a golf club, instead of a racket? Or driving down the basketball court wearing hockey skates? Using the wrong equipment for the game we are playing will negatively affect our performance. The same thing can be said for investing.…

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Resolutions and Habits

Resolutions and Habits As New Year’s Day is now in the rear-view mirror, we can surmise that people are struggling to keep their resolutions. Indeed some may have already given up, perhaps with a determination that next year will be the year. A long-term study by the University of Scranton found that less than 10%…

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Tis the Season of Forecasts

Tis the Season of Forecasts It’s that time of year. No, not the holidays. It’s the time that every analyst, economist, and strategist will declare their forecasts for 2023. These forecasts come from well-educated, intelligent individuals – with many years of experience. Some of the forecasts will be made with much confidence. No matter. You…

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