On this week’s show we discuss hindsight bias when the crisis is over, impressive measures by other countries, turmoil in the bond markets, will we get a new generation of Depression babies, the need for fiscal stimulus and more.
Risk is always present even if we don’t always feel it
The best stuff from last week
On today’s episode, we discus:
-The number of businesses impacted by the Coronavirus shutdown
-The potential fiscal stimulus plan
-Why interest rates are rising
-How to think about rebalancing into the pain
-Great Depression comparisons and much more.
It doesn’t matter when you buy, only that you buy.
On today’s show we talk about:
-The sudden economic stop
-Will people work from home after the virus passes?
-What if the NBA didn’t cancel their games?
-What happened with bond ETFs? And much more
Hindsight bias is a problem because it leads to overconfidence, which leads to more risk taking, which leads to bad decisions, which leads to lower returns.
People need our help.
On today’s show we speak with Dave Mazza, head of product at Direxion about trading levered ETFs, and other products they’re working on.
Be prepared for anything.