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Long-term success on Wall Street often revolves around observing a simple truth. A stock high on hope can climb a long way, but when reality finally catches up with expectations, it’s probably time to sell. That’s what we saw with Tesla (TSLA) this week. We
A year and a half into the most aggressive rate tightening cycle in decades, the economy remains stronger than many prominent forecasters predicted, with strong employment and enough ambient expansion to keep inflation alive. We’re still a long way from doomsday territory. Granted, the world
Stocks are down. The “fear index” is up 50% in the past month. Inflation keeps waving a red flag in front of the Fed despite the highest interest rates in decades. A recession seems imminent. Earnings have already dropped across the S&P 500 even though
Cut through the horror stories of traders trying to frighten each other and guess what? While 10-year bond yields have climbed 4% in the past week to the highest levels since 2007, the S&P 500 and NASDAQ have moved forward as well. I challenge anyone
All throughout history, intelligent men have reminded us that, in this life, the only constant is change… intelligent men like Heraclitus and Benjamin Franklin. Today, we have something far more advanced and wonderous than simple words to bring that point home to us: we have