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Super-Rich Performance  

When thinking of the Forbes 400 list of wealthiest Americans, many would assume that most of the 400 are titans of Wall Street who make money hand over fist through astute investing. But research shows that is not the case.  Mark Hulbert (marketwatch.com) analyzed the...

What Drives the Market?  

What would have been labeled as a “conspiracy theory” just a few short years ago is now a generally accepted fact, a recent study by UBS shows. A survey by the firm showed that when it comes to belief in what drives financial markets, respondents overwhelmingly...

Really?

Ryan Detrick, chief market strategist at LPL Financial, published a study this week in which he said a simple equity-market chart has been the best predictor of U.S. presidential elections since 1984, proving 100% accurate—and is 87% accurate since 1928. The LPL...

Some Social Media History

Onetime social media star Tumblr, which reached a peak valuation of over $1.1 billion, was sold to its long-time competitor WordPress for a paltry $3 million in 2019. The site was launched in 2007 by (then) 20-year old David Karp, with the intent of offering users an...