StrongVest Insights

Words of financial wisdom from the StrongVest team

Tag: Credit

RIP Coalmine Canary

by Lewis Johnson, Sub-Advisor, Co-Chief Investment Officer at Capital Wealth Advisors // May 09, 2018

“I want to know where I’ll die so I’ll never go there.” — Charlie Munger “Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.” — Taleb’s Antifragile “Simplicity is complex. It’s never simple to keep things simple. Simple solutions require the most advanced thinking.” — Richie Norton...

Markets Become Dangerous When Investors Become Gullible

by Lewis Johnson, Sub-Advisor, Co-Chief Investment Officer at Capital Wealth Advisors // Apr 13, 2018

Chief Conclusion: Prolonged market rallies act as a reinforcing mechanism to investors reaching for that extra yield without pausing to consider the risk associated with their actions. By no means is this a new phenomenon, rather it has appeared and reappeared many times throughout history albeit in various forms. We were reminded of this recently...

Something’s Gotta Give: High Political Uncertainty vs. Low Financial Uncertainty

by Lewis Johnson, Sub-Advisor, Co-Chief Investment Officer at Capital Wealth Advisors // Mar 29, 2018

“It is too soon to say.” —Chinese Premier Zhou Enlai’s view in 1972 on the 1789 French Revolution (possibly apocryphal) “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.” —Mario Draghi, Head of the European Central Bank (ECB) on July 26, 2012 “The...