by William Hepburn | Mar 29, 2024 | Miscellaneous
Ray Dalio is a hedge fund manager that I really appreciate for his Zen-like ability to cut through the noise of the marketplace and make his decision making so clear. The following are excerpts from his recent paper on how he determines if we are in a stock market...
by William Hepburn | Feb 23, 2024 | Miscellaneous
I’m sure you’ve noticed how different the countryside looks when flying over it in an airplane, so we are going to take a look at the financial markets from a similar perspective to see what we can glean. This first chart shows the S&P 500 Index over past 30...
by William Hepburn | Jan 26, 2024 | Miscellaneous
My usual January comment is that I don’t like to make predictions about the financial markets. Psychologically, one tends to get anchored to a prediction they make, and if the markets behave differently, that anchor becomes a pull toward making poor investment...
by William Hepburn | Dec 29, 2023 | Miscellaneous
There are many positives in the stock markets right now. The third year of the presidential election cycle, which is normally the strongest of the four years between elections, delivered good returns as expected. We are in the colder months of the year which are often...
by William Hepburn | Nov 24, 2023 | Miscellaneous
The stock market had a nice rally recently, but we are still in a bear market, and although I don’t want to throw a wet blanket on the gains from the recent rally, I do want to talk about the potential for a continuation of the bear market and possibly even a stock...
by William Hepburn | Oct 27, 2023 | Miscellaneous
When I was released from the army in 1974, I had been assigned to the Command Operations Center – the War Room – for US Army Alaska. We made war plans, executed war games, and analyzed their outcomes. One thing I learned during that period, is that regardless...
