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“Interest rates are going to rise … and rising rates are always bad for stocks.” – XYZ Pundit Rising rates are bad for stocks – fact or fiction? Despite what you may have heard from XYZ Pundit on financial TV, the relationship between interest rates and stock market returns is not exactly cut-and-dried. (Side note: when […]

Martingales and Markets

“You cannot beat a roulette table unless you steal money from it.” – Albert Einstein Roulette is not a “fair” game, but it’s about as close as you can get in a casino. Assuming a standard wheel with 18 black slots, 18 red slots, and two green slots (0 and 00), your odds of hitting […]

Check out Ed Dempsey’s interviews below. http://video.cnbc.com/gallery/?video=3000550843 http://video.cnbc.com/gallery/?video=3000550846

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Embracing Panic

“I tend to stay with the panic. I embrace the panic.” – Larry David The stock market was down today. That fact alone is not at all unusual (47% of all days are negative historically). What was somewhat unusual is the aggressiveness of the selling in today’s session, what some would refer to as “panic […]

“Between calculated risk and reckless decision-making lies the dividing line between profit and loss.” – Charles Duhigg Anyone else remember how scary the first few weeks of 2016 were? I know – feels like forever ago.  We went from the worst start for stocks in history to what has thus far been a pretty decent […]