vrijdag 31 maart 2017

Phoenix Capital; Ignoring This Four Letter Word Means Losing Money In 2017

If you are actively involved in the markets as a trader or investors, you need to be intensely careful regarding your political bias. Every single person has a political bias. Everyone. It’s not a bad thing. It’s just a fact. But if you're looking to make money in today's market, BIAS is a four letter word. However, the Trump Presidency is bringing out personal bias in ways we’ve never seen before. People on both sides of the political spectrum are literally losing their minds. Trump supporters see no fault. Trump opponents see no benefit. This is EXTREMELY dangerous if you are making investment decisions with this going on. No matter how sophisticated your model or framework is, if you’re pumping biased ideas into it, you’re going to get poor results. Consider election night. Building up to election night we were told that if Trump won the market would Crash. The media was in on this. Experts were in on this...


Then Trump won, and stocks erupted out to new all-time highs breaking out of a two-year consolidation range...


The media then flipped the script and began claiming that Trump had unleashed an economic utopia and that GDP growth of 5% would hit soon. When I say, the “media” I mean the exact same groups claiming a Trump win would crash the markets...

My point is this: Check your political bias. Not everything Trump does is great and not everything Trump does is bad....