If the lessons from this year have taught me anything, it is that predicting the exact moves of the market is a painfully difficult process. Every metric and variable used in these predictions is a product of the current environment, but the current conditions aren’t...
“Nothing so undermines your financial judgement as the sight of your neighbour getting rich.” – JP Morgan We are all in a rush. A rush to grow up, a rush for that new promotion, a rush to get on the property ladder. Our innate fear of falling behind has led to...
‘History is just one damn thing after another.’ – Arnold Toynbee Late last week, the emergence of a new COVID-19 variant in South Africa sent shockwaves worldwide, upending what had been a reasonably quiet week for the stock market. On Friday, a steep sell-off...
Market Summary This week banks, airlines, and other economically sensitive sectors felt the brunt of rising Covid cases across Europe. Major tech names and strong retail earnings did enough to counteract the negative pandemic sentiment with the S&P 500 and the...
Market Summary Stocks closed out the week lower for the first time in six weeks. The S&P 500, the NASDAQ, and the Dow all fell less than 1% as investors fretted over rapidly rising prices. In news that will hardly be surprising to anyone who has stepped foot...
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