A sliver spoon, an ivy league graduation certificate and the right cuff links are not a guarantee of either good or bad investment advice.
Hey, wait a minute. This has happened before? 125,000 years ago and 3 million years ago…? What were we manufacturing back then? Wooden hunting spears in Africa’s Rift Valley, or mud huts for the rich and famous?
The last thing the market participants need from the US Fed with such frazzled nerves is more data, innuendo and chatter from which they then take a guess at its meaning.
Simply investing in the fund(s) that have performed best in the last twelve months is almost guaranteed to lead to lesser returns in the long term.