Why Smart Investors Struggle to Beat the Market: Over-emphasis on Recent Performance

The individual investor does not beat the market, but actually trails by a significant margin. It is not a matter of intelligence. The habits and skills that help smart people succeed in their jobs and recreational life actually mislead them when it comes to investing! Preface I am writing some posts subjects that have great […]

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Weighing the Week Ahead: Have Stock and Oil Prices Decoupled?

This week’s calendar features another relatively light week for data, a lot of politics, slow summer trading, and options expiration. Something has to fill all of that air time! Expect more Olympic coverage, political commentary, and light features. There will be the usual Fed chatter. To the extent that there is real market discussion, I […]

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Weighing the Week Ahead: Earnings Recession Ending Next Quarter?

This week’s calendar includes a little data, a lot of politics, slow summer trading, and the last of the earnings reports. I expect financial media to focus on an earnings season post-mortem by asking: Has the Earnings Recession Reached a Turning Point? Last Week The important economic news was excellent, and the market reaction was […]

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