Never ceases to amaze us the ways financial market media will torture market data in order to come up with fresh content. Suppose that’s the beauty of data...always another way to look at them. We caution folks not to find too much meaning in all the slicing and dicing of near-term market moves. It’s meant to glamorize and mesmerize, not necessarily to provide you with useful insight. That’s not to suggest market data can’t be of great use. More valuable insight, though, can come from reviews of the rich history of information investable markets have generated, not the last few moments of market time.
0319 SRCM Commentary