Following the market’s worst day in nearly two months, trading proved mixed yesterday. That’s no surprise, as this week is loaded with earnings reports. While there haven’t been too many surprises, there does remain a dichotomy in stocks. Tech companies can continue to show growth right now, while many more traditional companies continue to struggle.
Forget the much-touted “K-shaped” economic recovery between those with jobs and those without. In the stock market, it’s between companies that are able to adapt quickly to the times (and even profit from them) against those that can’t successfully compete.
Now here’s the rest of the news:
Don’t Be Complacent About the Market – by Scott Chan
Back in Economics class in school, the professor used to throw around a word a lot: cyclicality.
The word stuck in my mind to this day. It’s just not a term we use in everyday life. In fact, I have never used the word except when discussing economics and investing. But it’s important for investors. The dictionary defines cyclicality as: “The quality or state of something that occurs or moves in cycles.” For example, the ups and downs (growth and recession) of an economy is its cyclicality.
October 28, 2019
Happy Monday Morning!
Crackin’ the proverbial whip … here’s Darren.
Lots to be Thankful for this day, this week, this month, this year!
I’m just thankful I don’t have to eat pumpkin pie! 🙂