Author Archives: Gary D. Halbert

Dispelling Wall Street’s Conventional Wisdom

Historically, much of the stock market’s upward moves are concentrated in a relatively small number of market days.   Thus, Wall Street’s conventional wisdom reasons if you want to maximize your returns, you must stay in the market so that you don’t miss the good days. They reason that if you try to actively manage your…

Unemployment Report Better Than Expected, Or Was It?

Today’s unemployment report came in better than expected, at least in the eyes of the media. But there was something you probably didn’t hear about from today’s report. I’ll get to that after the headline numbers. In January, the unemployment rate fell to 8.3%, the fifth consecutive monthly drop. The number of new jobs grew…