In January, fifty percent of U. of Michigan Survey respondents expect their real household income to be lower in one year.
The trouble with overconfidence and securities priced to perfection is that something always happens to upend the narrative. Underdogs often accomplish more for less; it’s a question of when, not if.
Remarkably, the loonie is weaker today than the risk-off pandemic lows of March 2020, when the stock market plunged 37% in three weeks and oil prices went negative. Yet, so far, the stock market ...
President Trump comes back to office amid one of the most over-valued stock markets of all time, even more inflated than at ...