A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
From March of 1965 through July of 1970, the unemployment rate spent every single month below 5%.1
That’s the longest streak on record in modern economic history…until now.
Since the fall of 2015, the unemployment rate has been below 5% for 125 consecutive months:
OK fine this chart is not technically true.
The unemployment rate spiked to 14% during the first few months of Covid. But that was not a real recess...
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On today’s show, we discuss:
Motley Fool Asset Management,
Why momentum investing is not performance chasing, and how a rules-based approach brings discipline to the strategy
How Motley Fool layers momentum on top...
America is the wealthiest country the world has ever seen.
Of course, that wealth is not evenly distributed (and never has been).
It’s concentrated.
The top 10% control nearly 70% of the wealth in this country. The top 1% has the same amount of wealth as the bottom 90% (each is 32% of the total).
The top 1% owns more than 50% of the stocks, while the bottom 50% owns 1% of the stocks.
And it’s not just the top ...
In the nine years from 2000 to 2008 the S&P 500 was down almost as many years as it was up:
That’s three down years in a row from 2000-2002 and then the big down year in 2008.
Since 2009 it’s been much smoother sailing.
The S&P has finished out the calendar year down just two times out of the past 17 years:
In 2018 the S&P 500 finished the year down a little more than 4%. Then the 2022 bear marke...
We also answered questions about the Mag 7 sell-off, 24/7 trading, why valuations are higher and how to produce financial content as a financial advisor.
Further Reading:
How to Own the Best Stocks
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