Barron’s made Donald Trump’s shocking degree of economic illiteracy its cover story this weekend.
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This Week on TRB
These were the most read posts on the site this week, in case you missed it:
Odds and Ends
Busy on a few projects this morning, but here are some links of note:
Bad Breadth
Here’s the thing – breadth is sometimes important and sometimes not. You can have a negative divergence, where the S&P 500 rallies toward a new high but the amount of stocks rallying with it lags or “does not confirm”. And then you can watch as the divergence resolves to the upside and all the people pointing…
Aggressive financial salespeople and test scores
Just reading this column from John Henschen at ThinkAdvisor and had a little flashback to my days on the brokerage side. What he’s saying here – about brokers who just barely pass their Series 7’s being more successful than those who ace the exam – is absolutely true, from what I can remember. Today, FINRA…
Clips from Today’s Halftime Report
Valuations are irrelevant to stock returns over one-year time frames
Valuation matters. It just doesn’t matter all that much tomorrow or the next day.
Gift Idea: The Behavior Gap Calendar
The Behavior Gap Calendar – on sale til November 12th!
Don’t Sleep on Gen X
Gen Xers are joining younger Boomers as the highest-earning members of the workforce. Their financial assets will grow to $22 trillion by 2030
My Interview with Bill Singer
Video