Anyone Can Hold the Helm When the Sea is Calm
So said Publilius Syrus, the Syrian slave turned famed sententiae writer who lived from 85-43BE.
I came across this quote doing some research on Syria. No, you’re right, it’s not a good investment climate.*
Anyway, perhaps with a little sea sickness still in the craw, it’s a good time to consider why we might bother with human investment advisors.
We can help you avoid emotional mistakes,
We can listen and give constructive advice, and
We can help you plan and secure your future.
For many of us the last few weeks in the markets have reminded us why AI can help the human advisors - but probably won't replace us. Well, those of us who are human ;-)
Weekly Update through February 16, 2018 The S&P 500 gained 4.37%, even as the Dow Jones added 4.36%, the Russell 2000 gained 4.48% and the Nasdaq gained 5.36%.
As for US bonds, they declined -23bps.
Globally, the MSCI World Index gained 4.33% and the Barclays Global Aggregate Bond Index added 1.01%.
The Euro Stoxx 50 gained 3.06% in local-currency (Euro) and 4.97% in USD. Meanwhile, the Topix gained 31bps in local-currency (Yen) and 2.55% in USD.
* I was just trying to understand what in God's name is going on in Syria. Why can't non-combatants, such as children, be allowed to leave war zones? Is that just so 20th century?