It’s tempting to mix politics and investing, but simply put, don’t do it. It has been a year since Donald Trump won the 2016 presidential election. Over the course of the last year, I have heard from many people who were concerned about what the markets might do under a Trump presidency. (Interestingly enough, I […]
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Winston Churchill sarcastically said that “democracy is the worst form of government except for all those other forms that have been tried from time to time.” Right about now, there is probably about 50% of the American voting public that is prepared to take Churchill quite literally. However, it is not just that they […]
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In his 1936 book entitled The General Theory of Employment, Interest and Money, economics pioneer John Maynard Keynes introduced the concept of “animal spirits” into the analysis of how the owners and managers of companies make business decisions and how investors make investment decisions. His premise was that strong company and/or macroeconomic fundamentals (earnings, interest […]
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