Predicting an economic downturn (don’t even try)

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)”

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)”