Equities: Gridlock is good
Joshua M Brown
These were the most read posts on the site this week, in case you missed it:
The not so great news is that multiples for US stocks are not going to be expanding
Thank you for ten years of TRB!
David’s firm, Bright Lights, is there to vet financial advisors before players hire them.
Stocks are anticipatory. It’s nice to hear from a company about what’s gone on during the previous 90-day reporting period, but what investors today are buying (or selling) is the outlook going forward.