Markets Start Week With Powerful Risk-On Rally and Sell-Off Friday on Strong Jobs Report

“It is always from a minority acting in ways different from what the majority would prescribe that the majority, in the end learns to do better.”- Fredrich August von Hayek

Open-mindedness and a willingness to learn are crucial to sustained investing success. Many investors may ignore content that differs from their preferred thesis or conclusions. If you’re doing this, we urge you to stop. You should look at the viewpoints of those on the other side of your investment thesis as one of your most exalted sources of information. It is where you can find the cracks in your argument, and it is where you can improve and refine your own understanding.

Our various research heads look at markets through different lenses. Sometimes these views converge, like during the great turkey shoot of markets in 2021, and everyone on the team agrees on the general direction of markets. However, even in these cases, there’s always nuance and difference in how our diverse Wall Street research team looks at the market. There’s an unprecedented level of uncertainty now from a mounting list of risks, and it’s tough to make heads or tails of what will happen in the future at any time, but even more so during periods of tumult and upheaval.