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Should Investors Sell In May—Or Sit Tight?

Should Investors Sell in May—or Sit Tight? Photo Credit: Shutterstock With summer just around the corner, investors find themselves with quite a few reasons not to be cheerful—inflation, taxes, and the deficit, just to name a few.…

Of Mountain Lions And Market Tail Risks

Over the years, I have used the probability of mountain lion attacks as an example of a tail risk that I, as a trail runner in California, face every time I go out for a run in the wilderness. I know the statistics, that mountain lion…

Uh-Oh! Market Leverage At All-Time High

Margin Debt St. Louis Fed Prologue Big numbers continue showing up in U.S. economic data, partly due to the low levels of economic activity a year ago, partly caused by the reopening, and partly caused by the generosity of Uncle…