by Cliff Jarvis | Oct 26, 2016 | Politics & the Economy
“……the bad-loan problem is mainly due to a 25 percent plunge in industrial output in the six years through 2014. Italy’s GDP remains about 8 percent below its pre-crisis peak reached in 2007.” (link) Back in 2012 and 2013, I wrote that the European common currency,...
by Michael Lecours | Oct 10, 2016 | Economy, Finding Confidence, Politics & the Economy, Uncategorized
Republicans and Democrats each make strong and compelling arguments as to why their approach and strategy will be better than their opponent. The media, think tanks, and experts are constantly making solid arguments for one candidate or the other. And in many cases...
by Michael Lecours | Oct 4, 2016 | Finding Confidence, Investment Behavior, Politics & the Economy, Uncategorized
It’s tempting to position your portfolio to take advantage of new policies being proposed by a new President before they have been elected or shortly after their election. Evidence suggests it’s better to wait instead of trying to time the market. Here are a few...
by Michael Lecours | Oct 1, 2016 | Economy, Finding Confidence, Investment Behavior, Politics & the Economy, Uncategorized
We can’t help but hear about the election on the news. And when it comes to each candidates economic policies, we are quick to imagine how it will affect our investments. We assume that Trump’s determination to bring jobs back to the US could boost US stock prices and...
by Michael Lecours | Sep 21, 2016 | Finding Confidence, Investment Behavior, Politics & the Economy, Uncategorized
The average chess player can see 1-3 moves ahead in a game of chess. But a grandmaster chess player can see 10 moves ahead and sometimes up to 20. More interestingly, when they look at the board they see shapes and patterns not number of moves. Playing chess is like...
by Cliff Jarvis | Jun 27, 2016 | Economy, Politics & the Economy
Sixty years ago, the nations of Europe began uniting under one European Union. The first goal was to define themselves as Europeans instead of separate nationalities which repeatedly started a war with each other. The second goal was to integrate their economies to...
