A Snapshot of the Market for the Week Ended October 1, 2021:
I always find it hard to predict where stocks are going over the near term. The difficulty lies with how economic data comes in versus market expectations, without considering if the prints are good or bad in absolute terms. Yet it does not stop me from trying to understand what is going on from week to week. It helps me to fine-tune my expectations and reset asset allocation. If you trade like a fox, you need to know many little things; but if you invest like an elephant, you only need to know a few big things.
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By Hubert Marleau
By Hubert Marleau