If you make a bad trade and you have money management you are really not in much trouble. However, if you miss a good trade there is nowhere to turn. If you miss good trades with any regularity you’re finished.William Eckhardt
The producer price index for April was released today, and it was down for the second month in a row, thanks to lower energy costs. While this may not be a big deal for the United States (for now), it’s a problem in Japan where demographics and increased productivity have combined to create a powerful disinflationary force.
Will the same happen here? Carl Weinberg of High Frequency Economics explains.
Investors don’t know it yet, but the industry has found a way to give every manager and advisor a medal to show their clients in order to justify the fees.