Spanking Children is Immoral and Ineffective

The Trump administration is close to launching a major attack on Iran as it continues a massive buildup of military forces in the Middle East, according to a report from Axios reporter Barak Ravid. Sources told Ravid that the potential US attack on Iran would likely be a massive multi-week operation, much bigger than the […]

The Weak Dollar Narrative Authored by Lance Roberts via RealInvestmentAdvice.com, We have spent a lot of time over the last year debunking “narratives,” which are dangerous to investors, as “narratives” create a rationalization for overpaying for assets. Nonetheless, Wall Street loves a simple story and is happy to jump on a trend with momentum, selling products to unwitting consumers. A good example of that lately has been the “weak dollar” narrative, which has pushed investors to chase foreign assets. The negative correlation between a weak dollar and rising international stock exposure appears to be a free return. Unsurprisingly, the...