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Dock Treece Friday June 19, 2020
Friday, yesterday was a quiet day for stocks but I found two very interesting articles for your enjoyment.
The first is an interview with Jeremy Grantham, if you don't know who Jeremy Grantham is you should not be managing your own investments. A quote from the article:
"The Covid-19 pandemic “should have generated enhanced respect for risk and it hasn’t. It has caused quite the reverse,” Grantham told the Financial Times. He noted that trailing price-earnings multiples in the US stock market were “in the top 10 per cent of its history” while the US economy “is in its worst 10 per cent, perhaps even the worst 1 per cent”, echoing what he said in his quarterly letter.
The second article is from Reuters and tells the story of where the 'big boys' are investing. Even if you don't agree it is worth knowing where they are putting their money.
Earlier this week I spoke about a young investor using the app Robinhood who after thinking he had lost and owed $700,000 more than his investment committed suicide. An article on CNBC now indicates he may not have understood his statement and in fact may have owed nothing.
The exciting news this weekend will be the Trump rally in Tulsa and the events surrounding the rally. The Tulsa Mayor and Police are expecting problems.
WSPD @6:35 Fred LeFebvre Ben Treece NewsRadio 1370 WSPD & now on 92.9-fm Treece Investment Advisory Corp.
The first is an interview with Jeremy Grantham, if you don't know who Jeremy Grantham is you should not be managing your own investments. A quote from the article:
"The Covid-19 pandemic “should have generated enhanced respect for risk and it hasn’t. It has caused quite the reverse,” Grantham told the Financial Times. He noted that trailing price-earnings multiples in the US stock market were “in the top 10 per cent of its history” while the US economy “is in its worst 10 per cent, perhaps even the worst 1 per cent”, echoing what he said in his quarterly letter.
The second article is from Reuters and tells the story of where the 'big boys' are investing. Even if you don't agree it is worth knowing where they are putting their money.
Earlier this week I spoke about a young investor using the app Robinhood who after thinking he had lost and owed $700,000 more than his investment committed suicide. An article on CNBC now indicates he may not have understood his statement and in fact may have owed nothing.
The exciting news this weekend will be the Trump rally in Tulsa and the events surrounding the rally. The Tulsa Mayor and Police are expecting problems.
WSPD @6:35 Fred LeFebvre Ben Treece NewsRadio 1370 WSPD & now on 92.9-fm Treece Investment Advisory Corp.
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By 1370 WSPD (WSPD-AM)Friday, yesterday was a quiet day for stocks but I found two very interesting articles for your enjoyment.
The first is an interview with Jeremy Grantham, if you don't know who Jeremy Grantham is you should not be managing your own investments. A quote from the article:
"The Covid-19 pandemic “should have generated enhanced respect for risk and it hasn’t. It has caused quite the reverse,” Grantham told the Financial Times. He noted that trailing price-earnings multiples in the US stock market were “in the top 10 per cent of its history” while the US economy “is in its worst 10 per cent, perhaps even the worst 1 per cent”, echoing what he said in his quarterly letter.
The second article is from Reuters and tells the story of where the 'big boys' are investing. Even if you don't agree it is worth knowing where they are putting their money.
Earlier this week I spoke about a young investor using the app Robinhood who after thinking he had lost and owed $700,000 more than his investment committed suicide. An article on CNBC now indicates he may not have understood his statement and in fact may have owed nothing.
The exciting news this weekend will be the Trump rally in Tulsa and the events surrounding the rally. The Tulsa Mayor and Police are expecting problems.
WSPD @6:35 Fred LeFebvre Ben Treece NewsRadio 1370 WSPD & now on 92.9-fm Treece Investment Advisory Corp.
The first is an interview with Jeremy Grantham, if you don't know who Jeremy Grantham is you should not be managing your own investments. A quote from the article:
"The Covid-19 pandemic “should have generated enhanced respect for risk and it hasn’t. It has caused quite the reverse,” Grantham told the Financial Times. He noted that trailing price-earnings multiples in the US stock market were “in the top 10 per cent of its history” while the US economy “is in its worst 10 per cent, perhaps even the worst 1 per cent”, echoing what he said in his quarterly letter.
The second article is from Reuters and tells the story of where the 'big boys' are investing. Even if you don't agree it is worth knowing where they are putting their money.
Earlier this week I spoke about a young investor using the app Robinhood who after thinking he had lost and owed $700,000 more than his investment committed suicide. An article on CNBC now indicates he may not have understood his statement and in fact may have owed nothing.
The exciting news this weekend will be the Trump rally in Tulsa and the events surrounding the rally. The Tulsa Mayor and Police are expecting problems.
WSPD @6:35 Fred LeFebvre Ben Treece NewsRadio 1370 WSPD & now on 92.9-fm Treece Investment Advisory Corp.