It works as advertised

Long-term oriented investors know better than to extrapolate a rising rate trend in the short-term and trash their asset allocation over it.

Clips From Today’s Halftime Report

 Jefferies: “so little love for Ford,” upgrade to “buy” from CNBC. A new 52-week high…and low in the blitz. Plus, the bullish call on this energy name from CNBC. Stocks under pressure amid new worries from CNBC.

Basta

in a global market, no one should be surprised to see this sentiment spread into other markets, other asset classes. 

Combatting F.O.M.B.E.Y.

In the time it takes you to read this blog post, Michael and Ben will have read three books each, the average CEO will have read eight books and Patrick O’Shaughnessy will have read ten books. In the video game we are playing – otherwise known as life in the twenty-teens –  finished books are…