Video!
Optimism as a Default Setting
“The man who is a bear on the future of the United States will always go broke.”
– J.P. Morgan
Hard to have euphoria when everyone’s expecting pink slips
Wall Street has never had an extended bull market during which everyone spent the entire time worrying.
This Week on TRB
These were the most read posts on the site this week, in case you missed it:
Clips From Today’s Halftime Report
Josh Brown on why energy stocks can’t catch a bid from CNBC.
The State of the US Consumer
“the strength of US consumer balance sheets (lowest debt service obligations in 40 years) and in US labor markets (lowest unemployment in 50 years) offsets some weakness”
The Decade in Sports
Clips to remember!
How Things Go Viral
Video
No asterisks
Here’s what happened in the markets during the 2010’s decade… No recessions. Not one. The 2010’s were the first decade without a recession since record-keeping began in the 1850’s. Only one down year for the S&P 500 in ten years. On a total return basis, the only year stocks fell during the entirety of this…
Bartender School
What are you injecting into the room? Is it doing you any favors?