It has been 99 years since the last total solar eclipse traveled across the United States. Coincidently, global stock market correlations have not been this low in 20 years. Lower correlations offer opportunities to investors who look beyond traditional large U.S. stocks and Treasuries for their portfolio.
I’m guessing close to all of you have read about (been inundated with?) the surprising vote by the United Kingdom to leave the European Union after 40-plus years. What strikes me is the utter futility in trying to predict what will happen. My goodness, the experts were so wrong on the outcome of the vote with all of the polling data etc. that the idea they are going to successfully predict the future path amid the mind boggling complexity just doesn’t make sense to me.