The Federal Reserve now has a very difficult hand to play. This video does a great job of describing the set of issues that will shape its decisions:
https://www.youtube.com/watch?v=o_Jt39TdcmM&feature=em-uploademail-ctrl
Today’s new highs are increasingly mechanical, not fundamental — and in a broken market, your 401(k) is the exit liquidity.
Conventional investment management and financial planning isn’t built to see it, let alone act on it. At the one moment it matters most, it’s working against your best interest.
Anything
This article is about why messaging like that tweet is wrong, what the math actually says, and how you can find out whether your own advisor understands the difference.
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