Curiosity is defined as a strong desire to know or learn something. It is also defined as a strange or unusual object or fact. Curiosity is an important trait for investors. Along those lines, your authors are curious about this particular curiosity: Where is inflation? Before proceeding we will offer these disclaimers: 1) we are…
2018 ended with tremendous fear in financial markets. The domestic stock market delivered its worst month-of-December performance since the Great Depression (1931): S&P 500 down 9.03% on a total return basis. Virtually every asset class, except cash, ended the year in the red. Normally, with a flight-to-quality from risk assets you have strong performance in…
Makes Historically, the month of December has delivered strong and consistently positive returns. The terms, “Santa Clause rally” and “December Effect,” are common names for this anomalous calendar effect. However, at the time of this writing the S&P 500 index is down approximately 15% month-to- date. This puts the US stock market on pace for…