Blogs
Fear The Fear and Greed Index
By Phineas
Summary The CNN Greed and Fear Index is not a useful investment tool. Going back to mid-2010, a strategy to buy-and-hold the S&P 500 would have returned 95%. A sell-on-greed strategy would have returned only 50%- or less. During a bull market in equities, as with precious metals, it pays to stay invested. The CNN
What Does The 60% Fall In Luxury Goods Sales Mean For Stocks?
By Phineas
Summary We’ve been told that Brexit won’t matter. Unfortunately, the real economy didn’t get the message. Brexit isn’t Bear Stearns. It’s far worse. We can expect accelerating real-world impact from Brexit. Luxury goods sales weakness is a trend not a trade. It’s time to sell. Introduction Conventional wisdom is that Brexit won’t be significant for