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Monthly Archives: March 2023

Stocks close higher despite Fed rate hike, bank turmoil

This decade is strewn with examples of bright people who thought they built a better mouse trap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be misconfigurations among market prices that allow abnormal returns, they do not persist. – Alan Greenspan  The Federal […]

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Banking crisis causes volatile week for markets, stocks end mixed

In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility. – Benjamin Graham  After two bank failures the previous week, the U.S. banking system was in the spotlight again last week and was largely responsible for wild swings in […]

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Stocks rally to begin March despite mixed economic data

The only investors that don’t need to diversify are those that are right 100% of the time. – Sir John Templeton  After falling nearly 3% the previous week on hotter than expected inflation data, the stock market recovered some of those losses last week despite mixed reports on the current state of the economy. The […]

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