When turning on the news, you might be under the impression that the entire investment community is just waiting until the Fed tells them whether they are going to raise rates, cut rates, or do nothing. The reality is that the market has already priced in what they expect to happen.
The beauty of having an investment philosophy that believes in an efficient market is that we do not hang in the balance until one man says which way it will go. Instead, the network of information from around the globe, which transacts over $500 billion every day, provides a plethora of data to allow the consensus to be found. Those investors that act only after the Fed announces their decisions will be the last to the party.
It is often hard to remember, but we want to remind you that a news outlet only exists if it has something of interest to hear. Creating an emotional response through fear, shock, or excitement are the tactics they use. We can be confident in our investment strategy because it is not based on emotions but based on data analyses that have been tested over many years and economic cycles. If you are tired of allowing your emotions to drive your investment decisions, reach out to us to find out how our data driven approach is different.
*Past performance does not guarantee future results. All investments are subject to risk, including the risk of loss of principal.