"The degree of unprofitable anxiety in an investor's life corresponds directly to the amount of time spent dwelling on how an investment should be acting rather than the way it actually is acting." -Ned Davis @NDR_Research
Farewell to the servant economy. Unprofitable “on-demand” services like someone bringing a coke to your door gave people a sense of affluence in a decade of stagnant wage growth. But they were subsidised by investors, and now the money is drying up. https://t.co/YsQym8iBLI
Going thru charts, these 5 stood out.
Getting questions about waterfall declines. Conceptually, a waterfall is a persistent decline over weeks with brief rallies, often driven by short covering.
Is this a waterfall? Was Thurs it? Some data say yes. Others, no. @NDR_Research 1/5
There is growing evidence sentiment is nearing extreme pessimism. Four-week domestic equity ETF flows hit their most negative reading since February 2019. @NDR_Research
1/ Some thoughts on recent results in the stock market. If you are an investor (as opposed to a speculator) remember that you are buying partial stakes in *businesses.* Would you be comfortable owning the business for years to come if there were no stock price?
Yesterday (Apr 18) was Tax Day in the US.
In 2021, a couple could have made up to $105.9K, and still owe ZERO in Federal income taxes — IF their income came entirely from investing (ie, Dividends + Capital Gains).
Another reminder that America is kind to investors!