Market prices move quick. I wrote about this last year in regards to how quick markets went down and recovered from the Brexit selloff and during the night of the US election. The global markets (represented by iShares MSCI All Country World Index ETF – “ACWI”) made a closing high on 1/26/2018, and then over … Continue reading 10% Correction
Month: February 2018
Attention Seekers
As you watch television tonight or read articles about what is going on with the stock market over the weekend, please keep a few of these bullet points in mind: Markets do not rise linearly. They zig, they zag, they move sideways, they crash, they correct, they bull, they bear, you get the point. No one … Continue reading Attention Seekers
Two States
This was written before yesterday's selloff in the global markets. The premise still holds true, except the decline is larger now. Two States A portfolio can only be in two states: a drawdown or making new highs. The definition of a drawdown is the decline from a peak value (new highs) to a trough (the … Continue reading Two States