OFF INTO THE WILD WET YONDER How does this...
There are two popular things business professionals do at the beginning of each new year… get a gym membership, and rethink any/all investments.
And in an ideal world your investment strategies do better than your gym attendance record each year.
Nevertheless, as I couldn’t find any charts on fitness club trends I’m instead sharing this interesting chart of key asset price bubbles over at Macrotrends.
If we are to follow the simple, time-tested, and very reasonable logic of buy low and sell high… then it might not be a bad idea to re-examine any U.S. equity positions this year, as well as keep a sharp eye on the oil trend.
Then again, this is just a chart, and these matters are always best pondered over during a 45-minute treadmill run…
UPDATE (Feb 3, 2015 7:30 PM)
Abdallah Salem el-Badri, Secretary General of OPEC, gave the oil market a pop upwards when he said that oil prices could spike to US$200 a barrel in the near future. If this happens, it would be a catalyst for many stock markets (not only the U.S.’) to turn south.