Goldilocks and the Three Bulls ... It’s No Fairy Tale

Take a moment to shift the focus from cyclical to secular.

All of us investment junkies spend far too much time on the daily minutia of the financial markets.  How will the stock market do this year, next month, next week, tomorrow, by lunch?   The Mag7 are reporting earnings!   What will Payroll Friday bring?   Are you kidding me, another inflation report?   Oh no, it’s Fed week!   Will smalls ever outperform again?  International stocks?  Should I focus on value or just stick with momentum?  The daily grind of attempting to figure out the markets and the economy is absolutely fascinating, exhilarating, frustrating, puzzling, and exacerbating.