Studies have shown that investors who engage in market timing must achieve a minimum of 70% accuracy in predicting market moves. Even the best “market gurus” who engage in market timing fell far below that level.
One of the familiar adages to describe the price action in the stock market is “it takes the stairs up and the elevator down.” The dramatic decline in stock prices since mid-September 2018 certainly fits this pattern.
Signature Family Wealth Advisors from Brown Advisory
Wednesday, March 20, 2019
There is a growing acknowledgment that government and philanthropic sources of capital will likely fall far short of what is needed in the coming decades to solve the pressing social and environmental challenges of our time.
The past couple of years have proven to be banner years for private equity and merger and acquisition activity, with no signs of slow down in 2019. With cash on hand to invest and the increase in Representation and Warranty Insurance policies, forecasters expect these trends to continue.