Forbes stock market
If this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next! Look at the cnbc. Then look at the bottom right corner of this picture. Maybe I should just leave it at that for today. Bottom-line: the economy is all-time bad right now, and will be for a while.
Forbes - The Art Market Is Beating The Stock Market
If this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next! Look at the cnbc. Then look at the bottom right corner of this picture. Maybe I should just leave it at that for today. Bottom-line: the economy is all-time bad right now, and will be for a while. However, the stock market has not seemed to care. Compensation drives behavior. FOMO fear of missing out is back because it never left.
And, for investors who are within 10 years of retirement or already retired, that means allowing for a very wide range of outcomes, and…. That includes assessing in advance what will happen if your strategic approach turns out to be completely wrong. THAT is investment advice. Everything else is just sales. The Fed has been the proverbial cowbell, essentially agreeing to be the safety net on everything from loans to junk bonds. Central banks have made a bad habit out of taking the risk out of taking a risk.
There is no telling when that will end, and when the markets will care about the current risk. Ironically, this is a lot like how we got here in the first place. But it is critical to understand this: no matter what anyone says to explain away stock prices going up, down or sideways, the reason for those moves ultimately comes down to the same thing: buying pressure and selling pressure.
And, the only way to truly evaluate that is through monitoring and analyzing price movements, and then linking them to real-world reward and risk potential.
You strike a constant balance, and allocate according to your specific objectives. That may sound vague, but all I am saying is to develop a process that is less about what your TV tells you, and more about data, history, identifying patterns, trends and investment value. As I have said here recently, evaluating the latter has been particularly difficult the past few months. In the meantime, we are living through a time of great danger to those who have built wealth.
BUT, at the same time, the opportunity to exploit these strange times is perhaps greater than I have seen in 34 years of being a practitioner and student of the markets. I will have more specifics on all of the above as this week rolls on. Comments provided are informational only, not individual investment advice or recommendations. I spent the first decade of my career on Wall Street. I have spent the last 2 decades helping people understand Wall Street.
A thought-leader, 3-time author and former. A thought-leader, 3-time author and former mutual fund manager. My work for Forbes. My firm's website is www. Connect with me on Linked In, follow me on Twitter robisbitts.
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' Happily we have some good guidelines to look at. Firstly, consider the V shaped bottom. The market goes down, it goes up. That is. Though what's driving my clients and investors crazy is figuring out how and why the major stock market indexes have begun recovering so.
I turned to the most objective data available: auction prices. As publicly-reported sales between knowledgeable and willing buyers and sellers, they are not unlike stock trades. I then developed the equivalent of a Dow Jones Industrial Average for art. As the Dow includes blue chip companies, this art index needed equivalently blue chip artists.
