Over the weekend, Western nations agreed on new sanctions to further isolate Russia, by seeking to prevent its central bank from using foreign reserves to blunt sanctions and excluding some Russian lenders from the SWIFT messaging system that underpins trillions of dollars’ worth of transactions.
The investment landscape and our lives during the past couple of years have looked a bit like that of a road trip, complete with detours and bumps along the way. Despite these short-term setbacks, we would inevitably reach our destination.
As we navigate through the tail end of 2021, the financial press is once again overflowing with predictions. It is human nature to crave certainty which can lead to us supporting predictions that best fit the information we have consumed.
There are a few foolproof ways to make yourself sound smart. One is to dwell and pontificate on the negative and what might happen to take the world down. The other, is to use fancy lingo to explain a simple concept.
As humans, we constantly wrestle with trying to make the complex simpler in order to make it fit within a framework that we can understand and control. 2020 was a reminder that life is sometimes complex, and that… is unavoidable.
On November 3rd, 2020 Americans will head to the polls to vote in what will be another emotionally charged election south of our border. The upcoming vote has caused much concern with investors as headlines pump up the narrative that markets will be drastically affected by the outcome. Is this true?