Volatile Markets, Independent Fed?, U.S. Dollar, Trading Tesla, Southern Copper
The Fed and Treasury were heroic in the early days of the pandemic shutdown. This economic environment is not that economic environment.
May 12, 2021 | 08:10 AM EDT
You know the old saying, or maybe you don't. If not, always remember this. It may one day save your life, or for the purposes of this column, preserve capital. "Slow is smooth, smooth is fast." What this means, basically, is to allow your brain to process all available information in real time, and act accordingly. It does not mean that it is okay to freeze in fear. It simply means that when under pressure there is an urge... to behave impulsively, in order to get to the other side. Don't know? Always be self-aware enough to understand that there is something, sometimes quite a lot, that you and I do not know. Might never know.