Short and sharp, Fairlight’s Global Markets Snapshot summarizes the economic backdrop to Q’2 2020’s volatile results asset class by asset class. Up one day, down the next. Since late February, it’s been difficult to track markets reacting to the relentless effects of the coronavirus pandemic. While we’ve seen a rebound recently as economies slowly open, more declines may be ahead of us. A portfolio globally Read More
Fortune Tellers Everywhere
Why We Shouldn’t Try to Predict Stock Prices A friend mentioned the other day that in November 2019, she chatted up a fortune teller who made a spectacular prediction: by the 2020 general election, the US would suffer the greatest economic downturn since the Great Depression. No visions of a dark, handsome stranger for her. The financial industry has always employed economists and investment strategists in the role Read More