Business Investing

Maintstream Tail Risks

Great chart from the Merrill Lynch Global Fund Manager Survey courtesy of the Daily Shot. Note how the trade war, quantitative tightening and China slow down risk rankings didn’t change much from October to November. It’s surprising they’re considered tail risks as they’re widely known and priced in right now, in my view. Unless the …

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Business Investing

Another New High

As anybody who pays remote attention to the financial news media knows, the S&P 500 achieved an all-time high value last week, again, after nearly eight months since the last high was achieved. These are monumental days for the media and pundits because they stoke conversations and pontificating about market peaks, market crashes, market valuations …

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