Wealth in a Time of Madness

Look up! It's a bird, it's a plane..it's actually the graph arrow of the stock market trending up. 

I'd like to take you on a little trek in history back to early November 2016. Bridgewater Associates, Citigroup, Goldman Sachs, and practically every grand-standing political pundit all prognosticated massive drops in the stock market if Mr. Trump won.

However, the opposite did and has continued to occur after Trump's win. As of October 2017, there is an additional two Trillion dollars in the markets - and just for a learning curve, how often do the pundits mention markets other than the New York Stock Exchange (NYSE)? In addition to NYSE, there is the Chicago Stock Exchange and BATS Global Markets in Kansas - Kansas of all places! You know, the place where uninformed television talking heads would have their viewers believe to be backwooods due to Kansas being in the dare I say it... Bible belt of the U.S.


                                                   Source: 20170510_big 5.jpg

I have nothing against Kansas nor do I judge an entire population based on their geographic location (nor would I judge an entire population in the first place..) but once again the lack of information has permeated our culture all because misery loves company. It's so much easier to get into the group think when we can all point our collective fingers at the perceived puffed chest of someone/something. 

I'll leave you with the same advice of which I wrote in Life, Liberty, and the Pursuit of Groupthink! 

Do not be an ostrich. 



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