by Michael Lecours | Nov 16, 2013 | Economy, Finding Confidence, Uncategorized
There’s a great scene in Jurassic Park where Alan, Tim and Lex watch a stampede of dinosaurs suddenly change direction and head right toward them. What made them change direction? What made them decide that this new direction was any better? Turns out investors do...
by Michael Lecours | Nov 15, 2013 | Economy, Finding Confidence, Rule of Thumb, Uncategorized
Stock market crashes and big economic recessions can be caused by a variety of factors. The real concern are the factors that seem to come out of nowhere; the ones that catch everyone, even the experts, off guard. Take all this talk by the media predicting an economic...
by Michael Lecours | Nov 14, 2013 | Economy, Finding Confidence, Uncategorized
With the equity markets reaching all-time highs, you would think everyone on Wall Street would be dancing in the streets. Nope! They’re using this time to talk about all the reasons why we’re in for a big correction, down turn, or crash. This shouldn’t be a surprise....
by Michael Lecours | Nov 11, 2013 | Economy, Finding Confidence, Uncategorized
Much of the attention over the last few months on the effects of interest rates and bond tapering on your portfolio focus on the immediate consequences – a decline in bond values. But rising interest rates can be good for your portfolio over a longer time period due...
by Michael Lecours | Nov 6, 2013 | Economy, Finding Confidence, Politics & the Economy, Uncategorized
It’s hard to believe the energy revolution that is going on in this country. It’s being touted as a “game-changer” and “transformative”. The US is quickly becoming the low cost provider of energy. International companies are in the process of building new...
by Michael Lecours | Oct 26, 2013 | Economy, Finding Confidence, Investment Behavior, Uncategorized
Many experts argue that the Great Recession may have been the worst economic event since the Great Depression. But how does it compare to other economic events that have happened? According to a new more encompassing economic indicator by the International Monetary...
