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Goodbye November, Hello December
November was supposed to be a decent month for US equities. It wasn't.
However Friday's holiday-thi
Only one thing to do when the market swoons to the downside. Assuming you still like all of your holdings, reallocate from those that sold off the least and reallocate to those that sold off irrationally. Of course, this assumes you are dealing with a non-taxable account. One can always “rebalance” later.
These types of opportunities are “golden” and also ubiquitous!
I have some doubts regarding Hassett as the next Fed chair.
If Trump somehow manages to engineer the next systematic financial crisis, (his seven bankruptcies suggest that this is a possibility) Hassett will not be the one to put Humpty Dumpty back together again.
According to Kalshi, Hassett has a 58% chance of getting the nomination.
I have it on good authority that betting odds are never wrong.