Tag Archives: S&P500
Finding Opportunities in a Bear Market
“I can calculate the motion of heavenly bodies, but not the madness of people.” The remark was made by Sir Isaac Newton in 1720 upon losing £20,000 – a substantial sum at the time – speculating on South Sea Company stock. The madness of people, as Newton painfully found, is incalculable. It defies logic. Runs on emotion. And is best observed from a safe distance. Continue reading
Financial Repression 101
Bad ideas are flourishing like Washington lobbyists. Just look around. It’s near impossible to blink without countless crackpot ideas coming into view. What’s more, the worse an idea is, the more popular it becomes. Continue reading
Grantham’s ‘Real McCoy’ Bubble in a World Gone Mad
On June 17, billionaire investor and co-founder of the Boston-based money manager GMO, Jeremy Grantham, sounded the alarm. During a CNBC interview with Wilfred Frost, Grantham warned that the U.S. stock market’s rebound amid the coronavirus pandemic is a bubble that will end up hurting many investors. Continue reading
Should You Buy the Dip?
Something remarkable happened yesterday [Thursday]. Stocks didn’t go up. They went down…and they went down a lot. The S&P 500 dumped 5.89 percent. But that was nothing. Gannett Co. crashed 29.5 percent, Noble Corporation plunged 25.51 percent, and Denbury Resources dropped 23.65 percent. Should you buy the dip? Continue reading
