Much has been written about trying to predict the next recession. The pundits look at the yield curve, credit conditions, manufacturing and sales data, employment figures, business sentiment, and a whole host of other factors. Continue reading “Predicting an economic downturn (don’t even try)”
Tag: top-down investing
Top-down investing (contrasted with bottom-up investing) focusses upon the big picture, with investors considering economic and market factors such as growth, inflation and interest rates in an attempt to identify sectors that will outperform the rest. Having done that, they then consider individual companies within the sector in which to invest.
Understanding the investing industry #3 (bottom-up vs. top-down investing)
The investing industry, like almost any sector with specialized knowledge, has its own jargon and ways of carrying on business. At themoneynarrative, we dislike aspects of the business that are not self-explanatory or clearly apparent to all investors. In our Understanding the investing industry series, we explain jargon and some of the less well Continue reading “Understanding the investing industry #3 (bottom-up vs. top-down investing)”