I pity the passive investor in this market. Stuck with a single focus on "buying the market", they have never been given the chance to make anything but a single bet. As shown below, stocks have rarely, if ever, been this uncorrelated with each other. Just when stock correlations have plummeted, they are missing out on an investing lifetime opportunity by owning an index dominated by a group of tech stocks that are suddenly underperforming. Stock picking as a strategy has ret

There are cracks appearing in the U.S. economy. When you turn on the CNBC or Bloomberg financial channels, you get the same story on oil prices. They continue to use the oil futures markets to describe the costs to consumers of energy. But you don't put crude oil into your car - it's gasoline and diesel that run your car. And I'm sorry, EV fans - less than 2% of miles driven in the U.S. are fuelled by electrons. Trump's on-again, off-again war in the Middle East is causing m