In a prescient 1989 article entitled How a Tokyo Earthquake Could Devastate Wall Street and the World Economy, author Michael Lewis looked at historical earthquakes to project the economic impact of a (at the time) hypothetical massive Tokyo earthquake. It’s a bit hard to read in this scanned version from the original in the now defunct glossy Manhattan, Inc., but it’s certainly worth a look:
A 200-point drop in the Dow Industrials is as good a reminder as any that it’s important to play both offense and defense with your investment strategies, says Charles Sizemore, portfolio manager on the Covestor platform.
Alternative investments must be handled with extreme care
Another great sketch from Carl Richards: From Richards’ newsletter accompanying the sketch: Almost no one is happy with the state of their […]
Stocks are near five-year highs. Market breadth has improved greatly. Still, there’s one group that is looking green around the gills: Utilities
