The Siren Song of Market Timing JAMES "REV SHARK" DEPORRE Feb 8, 2020 10:00 AM EST
It's satisfying to predict the moment the indices reverse, but it is a quest that costs most investors far more than they'd gain if they used a different method.
While the current crisis raises comparisons to the 2002SARS outbreak and the 1918 Spanish flu pandemic, for the global economy there are better comparisons.
Mirko Woitzik, a risk intelligence expert at German consulting firm Resilience360, which tracks global supply chains, points to the 2016Fukushima earthquake and tsunami, which disrupted auto industry supply lines, and the October 2011 flooding in Thailand.
JAMES "REV SHARK" DEPORRE
Feb 8, 2020 10:00 AM EST
It's satisfying to predict the moment the indices reverse, but it is a quest that costs most investors far more than they'd gain if they used a different method.
JAMES "REV SHARK" DEPORRE
Feb 7, 2020 4:51 PM EST
We have to wonder which will change first.
JAMES "REV SHARK" DEPORRE
Feb 7, 2020 12:55 PM EST
I'm finding little new to do right now as I wonder if the market can continue to ignore the coronavirus issue.