Nearly a century of US stock market returns suggests that making investment decisions based on control of the chambers of Congress is unlikely to lead to better investment outcomes. From 1926 to 2022, stocks trended higher regardless of whether Democrats or Republicans controlled the House and the Senate, or whether control was mixed. Actions by Congress and the other branches of the federal government may mpact returns, but other factors … [Read more...]
Archives for October 2022
Dimensional Congratulates Douglas Diamond on Nobel Prize Honor
The Linkous Group and Dimensional are excited to congratulate Douglas W. Diamond on being awarded the 2022 Nobel Prize in Economic Sciences. Professor Diamond, who is lead Independent Director of the boards of the firm’s US Mutual Funds and ETFs, received the award on October 10 for his research on banks and financial crises. Professor Diamond is the Merton H. Miller Distinguished Service Professor of Finance at the University of Chicago Booth … [Read more...]
Susan’s Corner: October 2022
Upcoming November Events I’m Excited About: Annual History Dinner (Dinner with Benjamin Franklin) for the Sandra Day O’Connor Institute for American Democracy. Walter Isaacson is the featured author and historian. I just love his books. Dimensional’s Advanced Symposium which is my annual opportunity to meet with thought leaders and investment specialists that guide much or our decision making for you. It’s an invaluable chance to … [Read more...]
The Only 2 Scenarios:
Markets are simply either bull or in recession and bear. Those are the only two scenarios we get. We are currently in a bear market recession with high inflation. This dictates how securities are selected for our clients and, although it is painful to go through these times, prudent rules of investing are quite clear and experience has taught us well. We know how to manage through. Reducing risk and having adequate cash are cornerstones of … [Read more...]