Topic: How To Invest

What is Pat’s commentary for the week of April 16, 2019

Article Excerpt

Here’s the text of the most-recent letter I sent to our Portfolio Management clients in January. “The media routinely publish all sorts of hour-by-hour and day-to-day statistics on stock-market fluctuations, with comments and associated predictions. Some of this can make interesting reading, but its overall investment value is negligible. The funny thing is that market fluctuations may at times alert you to something important, or provide a clue about what’s going on in the market. Something like this has been happening since early November, and the media have so far ignored it. In the November 6 mid-term U.S. Election last year, the Democrats won control of the House of Representatives. The next day, the Dow Industrials moved up 2.13%. Investors generally like Trump’s policies. They may have felt relieved that the Republicans only lost control of the House, but strengthened their hold on the Senate. Over the weekend, newly elected Democratic House members gloated about the election results, and bragged in crude…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.